(China Alert) M&A: Another JV FMC stake changes hands

– A new stake in a JV FMC has been put up for sale – To us, the valuation looks inexpensive but isn’t as straightforward as it may seem Update: The momentum of shareholder change in the fund management (FMC) industry is showing no signs of slowing. After Power Corp increased its holding in ChinaAMC at the […]