FirstFT: Private equity groups unable to sell or list China-based portfolio companies

• Portfolio manager names Chinese and European stocks promising 'strong returns' despite market uncertainty

  Pella Funds has been targeting firms in China and Europe that have executed well despite the political and economic turmoil in their markets.
  
  CNBC - 4h

• Chicago man sells "hardest pizza to get" in alley and donates proceeds to charity

  Once a month, a pie slinger in Chicago sells pizza out of a truck in an alley. His thin crust pizza is so popular, it usually sells out within minutes — raising plenty of dough for a good cause. ...
  
  CBS News - 11h
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  Nordstrom Family Reaches $4 Billion Deal to Take Retailer Private

  The department-store chain agreed to be acquired by members of the founding family and Mexican retailer El Puerto de Liverpool.
  
  The Wall Street Journal - 23h

• Trump transfers $4B stake in Truth Social parent company into a trust

  Politico - 4d
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  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 shows
  
  Financial Times - 9h
• 

  AP poll takeaways: Who's on the 'nice' list for the holidays?

  Who will be UConn's third option? Is South Carolina a contender again? There were plenty of big questions ahead of this season. Some have already been answered; others remain a quandary.
  
  Yahoo Sports - 20h

• 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 - 21h
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  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 - 21h
• 

  Full list of winners at the PNC Championship

  Here's a look at all the teams that have won the PNC Championship.
  
  Yahoo Sports - 1d

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