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This year's merger between DBS Group Holdings of Singapore and the Dao Heng Bank of Hong Kong illustrates the high price outsiders are willing to pay for quick entry--3.2 times book.
FORBES: One China, Many Choices
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Outsiders scoff, saying the company was only able to exceed its OPEC quota of 2.5 million barrels a day last fall by tapping crude from inventories stockpiled earlier.
FORBES: A Friend In Need?
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Outsiders scoff, saying that the company was able to exceed its OPEC quota of 2.5 million barrels a day this fall only by tapping crude from inventories stockpiled earlier.
FORBES: Magazine Article