日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Blackstone benefits from CDB-Barclays' deal

(Reuters)
Updated: 2007-07-25 11:18

US-based private equity firm Blackstone Group appears to have killed three birds with one stone by selling a nearly 10 percent stake to China for $3 billion in May.

Not only did it find a wealthy new investor and position itself for deals in the world's most populous nation, but also the deal raised the profile of its M&A advisory business by leading to a highly visible role of advising the Chinese government on the acquisition of a stake in Barclays.

In doing so, Blackstone links its name to what is likely to be the year's biggest deal -- the sale of Dutch bank ABN AMRO. Barclays has used the investment from China to help increase its bid to 67.5 billion euros ($93.26 billion) in a battle with a rival group led by the Royal Bank of Scotland.

Blackstone's presence in China and its links with the government look set to give it a slice of M&A advisory business in a country flush with $1.33 trillion in foreign exchange reserves, and which has made no secret of its plans to diversify its portfolio of foreign holdings.

"Blackstone now, in a short period of time, can present itself as having a credible global network," said John Studzinski, head of its corporate and mergers and acquisitions advisory group. "We think we add value (as an adviser) on any international transaction."

The Barclays deal has helped propel Blackstone to number five in the M&A advisory league tables for China so far this year, according to data consultancy Dealogic. Studzinski's former bank, HSBC, is ninth.

The mandate also comes as private equity firms try to branch out of leveraged buyouts amid fears the lending environment that fuelled the boom in the past few years may be about to cool. Blackstone's shares, for example, have fallen by about a quarter since its listing last month.

The private equity firm also opened an office for its buyout unit in Hong Kong in January and hired a new senior managing director and chairman for greater China.

Barclays too is hoping to get a boost from the deal on Monday for China Development Bank to invest in the British bank.

CDB says it will not team up with any other major overseas bank, and Barclays says the deal will give it unprecedented access to Chinese clients.

"The most interesting thing is that the China Development Bank made the decision to do this in a very short time," said Studzinski. "Which tells you that when presented with strategic opportunities, the Chinese can be very disciplined, yet nimble and quick at decision-making."


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 久久精品久 | 欧美成人精品欧美一级 | 中文字幕精品无 | 亚洲国产大片 | 日本黄色短片 | 久久久久99精品成人 | 久久99精品国产 | 羞羞网站在线 | 国产成人99| 黄色大片网站 | 蜜桃成人免费视频 | 性xxxx搡xxxxx搡欧美 | 久久婷婷视频 | 日本男女动态图 | 不卡的日韩av | 午夜黄| 四虎最新网址在线观看 | 亚洲精品无吗 | 免费av网站在线 | 欧美亚洲网站 | 日本午夜大片 | 99热国产在线观看 | 在线不卡的av | 性久久久久久久久久 | 极品久久久久久久 | 国产一级精品毛片 | 狠狠干婷婷| 天天操综合网 | 黄色大片在线播放 | 黄色一级片在线播放 | 国产97色 | 中文字幕一区二区三区av | 99re视频这里只有精品 | 亚洲一区二区三区免费视频 | 日韩有码在线视频 | 嫩操影院 | 成人免费视频国产免费麻豆 | 九一在线 | 久久婷婷av | 黄色av网址在线观看 | 久久视 |