A woman walks past a sign of Didi Chuxing at its headquarters building in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon/Files
SHANGHAI/HONG KONG: The Chinese government said it was investigating two high-profile takeover proposals involving US companies, the latest sign of its growing influence on whether deals are approved – even those appearing to have little impact in China.
The Commerce Ministry said at a briefing on Sept 2 it was probing ride-hailing giant Didi Chuxing's planned acquisition of US rival Uber Technologies Inc's China unit and Comcast Corp's purchase of movie studio DreamWorks Animation.
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