(Reuters) - SHANGHAI, April 11 - French private bank La Compagnie Financiere Edmond de Rothschild Banque is in talks on buying a minority stake in a Chinese fund management company as it aims to expand in the country's capital markets, two sources familiar with the situation said on Wednesday.
LCF Edmond de Rothschild, one of the oldest private banks in Europe, has been in discussions with Shanghai-based Zhonghai Fund Management Co. on a possible deal since last year, although no agreement has been signed yet, the sources said.
Read more at Reuters.com Mergers News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment