China鈥檚 M&As hit US$413b
CHINA’S mergers and acquisitions hit a record US$412.5 billion in the first half of this year on a surge in outbound deals and a growing corporate appetite for M&As, PricewaterhouseCoopers China said in a report yesterday.
The overall value of China’s M&As jumped 8 percent from the second half of 2015, with outbound deals surging almost four-folds to US$134 billion, the report said.
“The dramatic growth in outbound deals is partly due to the ... investment arms of large corporations and state-owned enterprises, insurance companies and state-backed funds of various types,” said Linda Cai, corporate financial partner with PwC China.
The government is encouraging Chinese companies to venture abroad, which prompted entities such as China National Chemical Corp and Anbang Insurance Group Co to buy overseas targets. One of the biggest M&A deals was ChemChina’s US$43 billion takeover of Switzerland-based Syngenta. In the first six months of this year, 24 M&A deals exceeded the value of US$1 billion, the report said.
“The outbound M&A is an irreversible trend in the long term,” said Liu Yanlai, PwC’s China HK Deals PE leader, adding that M&As this year will grow by double digits.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.