It may spin off the pipelines into an independent company as soon as this year
Chinese Dominate the EB-5 Investor Visa Program
A company owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser, stands to receive more than $400 million from a prominent Chinese company that is investing in the Kushners’ marquee Manhattan office tower at 666 Fifth Ave. The planned $4-billion transaction includes terms that some… Read more »
The deal count in China has more than halved over the past three years but investment has tripled from $12 billion in 2014.
Air Products & Chemicals Inc. made an offer to buy China’s biggest producer of industrial gases as it seeks to compete with rivals such as Praxair Inc. in an industry marked by a wave of consolidation. The Allentown, Pennsylvania-based maker of industrial and atmospheric gases said in a statement on… Read more »
Chinese financial services group CITIC Ltd, and its alternative investment unit CITIC Capital Holdings along with global private equity firm Carlyle Group are set to acquire fast food giant McDonald’s business in mainland China and Hong Kong for up to $2.08 billion. Subsequently, McDonald’s China Management Ltd will become an indirect non-wholly-owned subsidiary… Read more »