China Bank's plan to acquire a 20% stake in La Compagnie Financiere Edmond De Rothschild might have to wait until the new year, according to Bloomberg. Citing sources familiar with internal discussions, Bloomberg reports that Chinese bank regulators are withholding
China Bank’s plan to acquire a 20% stake in La Compagnie Financiere Edmond De Rothschild might have to wait until the new year, according to Bloomberg.
Citing sources familiar with internal discussions, Bloomberg reports that Chinese bank regulators are withholding approval for the planned $342 million deal, even as the 31 December deadline approaches.
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