On August 19, investors will scrutinise commentary on the proposed bid to take Nasdaq-listed Momo private, and relist in China. Given volatility in China, doubts have surfaced about whether privatization bids can be funded, as raising capital in China is much more difficult since the June equity crash. But I wouldn’t be surprised if Beijing was to make financing much easier in order to see major companies repatriate.
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Buyout commentary key as Momo dips below bid price
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