Resumen de DEAL: : Giant Interactive pushes Chinese LBO financing.
The article discusses the views of David Irvine, a partner at the law firm Linklaters, on the leveraged buyout (LBO) of Chinese online games developer Giant Interactive by a consortium that includes Baring Private Equity Asia and Hony Capital. Topics covered include the lending challenges associated with the online games sector, the reliance of the LBO on a variable interest entity structure, and the changes in the approaches by lenders to LBO in China.
