Breakingviews

Beijing gate-keeping disadvantages Chinese buyers

October 12, 2009

Chinese regulators might think that a tough stance on takeovers prevents domestic bidders from overpaying for overseas targets. This approach has helped prevent unwise deals. But, as the takeover of General Motors Co's Hummer business shows, Chinese bidders may have to pay more to compensate for the regulatory risk at home.

Beijing gate-keeping disadvantages Chinese buyers

October 12, 2009

As the takeover of General Motors Co's Hummer business shows, Chinese bidders may have to pay more to compensate for the regulatory risk at home.