Dalian Wanda woes highlight challenges for mainland CFOs
Wang Jianlin's empire has funding pulled on six overseas targets, as mainland regulators tackle cross-border deals. It highlights challenges for treasurers at China’s corporate raiders.
At a time when Chinese corporates are seeking to recruit chief financial officers who can raise funds for cross-border mergers and acquisitions, banks have reportedly been told to pull the financing on six M&A deals from Dalian Wanda.
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