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Deals Rumor Mill: CEFC China, Meituan-Dianping, Rackspace

By Adam Rhodes ( March 27, 2018, 7:27 PM EDT) -- Chinese private conglomerate CEFC China Energy is laying the groundwork to sell off all its global property portfolio, Bloomberg reported on Tuesday. According to the report, the portfolio is worth at least 20 billion Chinese yuan ($3.2 billion). According to the report, dozens of properties, including the company's Shanghai headquarters and a Trump World Tower condo, are up for sale. The report comes after Bloomberg reported last month that Ye Jianming, the company's founder and chairman, was under investigation by Chinese officials. On March 19, the outlet reported that Jianming will be resigning from CEFC's management....

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