A Chinese property group’s acquisition of a US senior living business has stalled as regulators in China tighten their grip on outbound investments and banks re-calibrate their assessment of lending risks.
In June, Zhonghong Zhuoye Group was close to agreeing to buy New York-listed Brookdale, which owns and operates care facilities for older people in the US.
People familiar with the deal said the asset could fetch up to $4bn, making it one of the largest overseas acquisitions for a private Chinese company so far this year.
您已阅读16%(527字),剩余84%(2828字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。