Quick Question:
For the larger banks with country coverage M&A teams (office in that country), when exactly do these teams get involved? Is it only when the bank is advising a company based that particular country?
For example, say an acquirer is based in the US and is buying a target in China. If a bank is advising the US acquirer, will the Chinese coverage team of the bank get involved in the deal as well? Or will the US team handle the deal completely since they are advising a US company?
Thanks in advance.
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