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Geng Quoted in CNNMoney on Obstacles Facing Chinese Buyers of Foreign EntitiesAugust 18, 2016
O’Melveny partner Ke Geng was quoted in the CNNMoney article “China’s Global Spending Spree Has Sparked a Backlash” published August 18, 2016. According to the article, China’s record-breaking surge of investment into foreign companies is meeting growing resistance.
Chinese buyers are frequently conscious of the challenges they may face to complete deals, with national security reviews among their top concerns, Geng told the publication. He said buyers can reduce risk by planning ahead for potential objections: "If it's managed right, people can still get the deals done.”
Geng advises Chinese companies in connection with outbound investments and exchange listings in the United States or Hong Kong, as well as the privatization of US or HK listed companies, private equity and venture capital financing, mergers and acquisitions transactions, and general corporate matters. He advises companies spanning a wide variety of industries, including healthcare and technology, media, and telecommunications.