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FirstFT: Private equity groups unable to sell or list China-based portfolio companies
Also in today’s newsletter, picks for France’s new cabinet, and Russian cargo ship sinks in the Mediterranean SeaFinancial Times - 1h -
Private equity investors trapped in China as top firms fail to find exit deals
Sales and listings of Chinese companies by world’s biggest buyout groups have ground to a halt, data showsFinancial Times - 7h -
Nordstrom to go private in $6.25 billion deal with Nordstrom family
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal.CBS News - 19h -
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El ...NBC News - 20h