China M&A clampdown kills Jardines' HK hotel sale

The trading house's scrapped sale of a hotel on Hong Kong's storied Lot No. 1 shows Beijing's efforts to curb M&A in its targeted sectors are kicking in.
September 27, 2017

The Mandarin Oriental International has scraped its planned sale of Hong Kong hotel, The Excelsior, putting a dampener on a record-breaking run of property deals in the financial hub.

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