Tag Archives: Silverlake

AsiaInfo On Cusp Of Buyout With Regulatory Nod

End looms for AsiaInfo-Linkage

One of the longest and strangest de-listings in the current wave of privatizations by Chinese firms could finally be nearing an end, with word that telecoms software maker AsiaInfo-Linkage (Nasdaq: ASIA) has received regulatory approval for a deal to buy out the company. This new announcement is just the latest bizarre twist in this story, as a deal of this size would normally be far too small to require such approval from China’s anti-monopoly regulator. But the approval seems to show that Beijing wants the deal to proceed in its current form, which means we may finally see an end to this strange story. Read Full Post…

Beyondsoft Eyes Camelot, Bidding War Coming?

Beyondsoft weighs bid for Camelot

One of my well-informed sources tells me that Shenzhen-listed IT outsourcing firm Beyondsoft (Shenzhen: 002649) is weighing a bid for rival Camelot Information Systems (NYSE: CIS), in what would be an interesting twist to the ongoing exodus of Chinese firms from US stock exchanges. If this information is true, it could mean we may start to see some bidding wars among private buyers for the growing number of Chinese firms that are abandoning their New York listings due to low valuations. Read Full Post…

AsiaInfo-Linkage Buyout: A Lawsuit Magnet

I’ve been following China company news for quite a while, so I’m quite accustomed to seeing law firms file the occasional shareholder lawsuit when a company’s stock price falls on unexpected bad news. But a flood of announcements these last few days threatening lawsuits related to the new buyout offer for telecoms software maker AsiaInfo-Linkage (Nasdaq: ASIA) has surprised even me, potentially derailing the deal as suspicion grows of insider activity. Read Full Post…

AsiaInfo Gets More Private Equity Interest 多家私募基金有意收购亚信联创

After several months with no news following an unsolicited buyout offer for AsiaInfo-Linkage (Nasdaq: ASIA), the telecoms software maker has burst back into the headlines with reports that it has attracted several more new potential buyers as it seeks to pump up its valuation amid a broader weak market for US-listed China stocks. This new signs of interest, which includes some major global private equity firms, could be a good sign for the broader sector of battered New York-traded Chinese stocks, as it means there is clearly some strong institutional investor interest in better-run companies despite weak broader market sentiment, which means we could see some other interesting buy-out offers in the months ahead.

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News Digest: June 16-18, 2012 报摘: 2012年6月16-18日

The following press releases and media reports about Chinese companies were carried on June 16-18. To view a full article or story, click on the link next to the headline.

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Burger King Continues Aggressive Global Expansion with Accelerated Growth in China (Businesswire)

Tencent (HKEx: 700) Vice President, Soso General Manager Resign – Source (English article)

Agricultural Bank of China (HKEx: 1288) Received License to Operate NY Branch (Businesswire)

Silverlake, TPG, Primavera Line Up On AsiaInfo (Nasdaq: ASIA) – Sources (English article)

Deloitte Exec: Lenovo’s (HKEx: 992) IBM PC Purchase Didn’t Really Succeed (Chinese article)