Private Equity/LBO News

U.S. food companies such as Kraft Foods, ConAgra Foods, General Mills, Hershey and Bunge will be eyeing acquisitions in China and India to tap into markets with steep growth curves.

No clear winner emerged from a panel discussion pitting China against India, whose large English speaking workforce impressed for services while China looked better for manufacturing.

American venture capital firms plan on expanding their international investments and rank China and India as their top destinations, according to the recently released 2005 Global... 2005-06-27

Despite recent attention given to venture capital activity in India, many believe China will prove to be the better place for direct investment.

Fox-Pitt Kelton, a division of Swiss Reinsurance Co., recently lost Simon Wood, the head of the investment banking group in Hong Kong, and Peter Goulston, a member of Wood's team.