Wednesday, May 29, 2013

I doubt Chinese quality control standards will prove to be any worse.

HONG KONG/NEW YORK 
Wed May 29, 2013 11:14am EDT

...The transaction (click here) would be the largest Chinese takeover of a U.S. company, with an enterprise value of $7.1 billion, which includes the assumption of debt. The biggest Chinese cross-border deal was CNOOC Ltd's (0883.HK) 2012 acquisition of Canada's Nexen Ltd, with an enterprise value of about $17.7 billion, according to Thomson Reuters data....