China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

The truth about Asian investment banking

September 2008

Poland: Private equity still strong


Poland continues to be a leading source of private equity business in emerging Europe, with recent transactions demonstrating the country’s attraction from both a retailing and manufacturing perspective.

Among the latest crop of deals, Warsaw private equity house Enterprise Investors bought a 60% controlling stake in Polish bathroom retailer and wholesaler Wema for €46 million.

"Our investment in Wema is a typical Enterprise Investors transaction in that we will become shareholders of the company alongside private entrepreneurs," says Agnieszka Kowalska,...


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