Can Arc’teryx’s owner revive Chinese IPOs in America?
Amer and its Chinese parent, Anta, eye a $1bn New York listing
Foreign acquisitions by Chinese buyers have a lousy reputation. The takeover of PizzaExpress, a British restaurant chain, by Hony Capital, a Chinese private-equity firm, ended up in restructuring. Financial collapse forced HNA, a Chinese conglomerate, to sell its stake in Hilton Worldwide, an American hotel chain, not long after buying it. Sanpower, a Chinese mall operator that bought House of Fraser, a British department store, succumbed to similar pressures.
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This article appeared in the Business section of the print edition under the headline “Amer-ican dream”
Business January 20th 2024
- Many CEOs fear a second Trump term would be worse than the first
- Donald Trump’s populism is turning off corporate donors
- Donald Trump’s tax cuts would add to American growth—and debt
- The bosses of OpenAI and Microsoft talk to The Economist
- China may be losing its sway over Taiwanese business
- Companies run to their own annual rhythms
- Can Arc’teryx’s owner revive Chinese IPOs in America?
- A $35bn mega-merger strengthens a quiet chip duopoly
From the January 20th 2024 edition
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Prosecutors allege one of India’s richest men paid off local officials
Nvidia’s boss dismisses fears that AI has hit a wall
But it’s “urgent” to get to the next level, Jensen Huang tells The Economist
Does Dallas offer a vision of America’s future?
The Texan city embodies the allure of small government
