Chinese firms on the hunt for distressed US assets

The prospect of higher returns and technology transfers is enticing Chinese buyers to consider troubled companies in the US.

Chinese firms on the hunt for distressed US assets
Chinese buyers are increasingly interested in companies such as A123, which develops battery technology

Chinese investors are increasingly buying distressed companies in the US across a broad range of industries, including solar, wind, autos and aviation, according to merger and acquisition specialists.

Many companies in these sectors are still highly leveraged and desperate for money, said lawyers and bankers who have advised on some of these transactions.

Distressed US energy, industrial and chemical firms are attracting the most interest from potential acquirers globally, according to a...

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