Since the adoption of the Provisions for Foreign Investors to Merge and Acquire Domestic Enterprises (?????) in August 2006, it has been increasingly difficult for foreign PE investors in China to ...
In China, the Valuation Adjustment Mechanism ("VAM") has long been frequently used in corporate financing transactions, especially in PE investments. VAM is a contractual provision that allows for the ...
This report is one of a series on the adjustments we make to GAAP data so we can measure shareholder value accurately. This report focuses on an adjustment we make to our calculation of economic book ...