Financial News: TPG deal in China at risk over dispute

TPG, the US private equity firm, risks losing a substantial investment in a Chinese leasing ven...

Saturday 04 July 2009
euronews24

Financial News: TPG deal in China at risk over dispute
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TPG, the US private equity firm, risks losing a substantial investment in a Chinese leasing venture after a business dispute in which the company s local staff called in police to remove TPG s representatives, people familiar with the matter say.The difficulties that developed between TPG and local managers of Nissin Leasing China, a subsidiary of Japan s Nissin Group, underscore the risks of investing in China and come at a particularly bad time for the US private equity firm.

  Posted by peter 226 days ago financial news tpg deal china risk dispute  I search  Financial News: TPG deal ...


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