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.
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
Comments to Financial News: TPG deal in China at risk over dis
Log in to comment or register here.