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Blackstone's acquisition of Soho China is a win-win deal

The courting ritual between the two entities has culminated in a blockbuster deal that is testament to the market insights and business wisdom of both parties.

Pedestrians walking through the Wanjing Soho project in Beijing; Blackstone is attracted by Soho's intrinsic value and the bright prospects of the commercial property market in China.

ONE of the hottest news in the capital markets recently has to be the proposed acquisition of Chinese property developer Soho China by the American private equity investment company Blackstone Group. In this fascinating development, Blackstone is proposing to privatise Soho in a deal worth US$4...