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China's 'left field' buyers shaking up the global M&A scene

Friday, July 1, 2016 - 05:50

Hong Kong

FOREIGN takeover bids by little-known Chinese companies, from real estate firms to a vacuum cleaner maker, are driving a surge in the due diligence industry as their targets and even rival suitors seek to answer the question, "Who are these guys?"

Facing a slowing economy