E. J. McKay advises Norwegian Private Equity Fund Herkules Capital on the sale of Beckmann AS to Shanghai M&G Stationery Group
Oslo Norway, Shanghai China – August 10, 2021. Norwegian Private Equity Fund Herkules Capital signed a definitive agreement to sell its portfolio company Beckmann AS to Shanghai M&G Stationery. E. J. McKay acts…
Chinese firms to help European EV ambitions
Chinese electric car battery makers are expanding their presence in Europe to support the ambitions of native governments and carmakers in electrification. As Europe is going electric, EU governments are making heavy investments…
China’s Tutoring Assault Hits Investors
China ordered companies that offer tutoring on the school curriculum to go non-profit, potentially wiping out a big chunk of the billions that private equity and venture capital funds have staked on a…
China Signals End to $2 Trillion U.S. Stock Listing Juggernaut
or investors in companies that have yet to list, there’s growing uncertainty over when they may get their money back. Wall Street firms are bracing for lucrative underwriting fees to dry up, while…
Chinese regulator halts Huya-Douyu game-streaming merger
The State Administration for Market Regulation announced it had prohibited the merger of the Tencent-backed game streaming platforms Douyu and Huya on Saturday because the merger would eliminate competition. This is the first…
China Blocks Didi From App Stores Days After Mega U.S. IPO
China’s cyberspace regulator ordered app stores to remove Didi Chuxing, dealing a major blow to a ride-hailing giant that just days ago pulled off one of the largest U.S. initial public offerings of…