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/biz/ - Business & Finance

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>> No.55324796 [View]
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55324796

>>55324771
And the Chinese company has 8.5 billion RMB of assets (1.2b USD) and 3 billion RMB of total liabilities (420m USD)


Someone please explain how the valuation of 700m makes sense when they own 80~% of a much more expensive company

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