Related News
M&A activity jumps to annual high in August
By Lydia Chen |
September 8, 2011, Thursday
|
Online Edition
Online Edition
THE scale of China's merger and acquisition market has grown for a second consecutive month in August with a total of 282 deals announced, according to a report by a leading Chinese research firm.
Although the number of announced M&A deals jumped 6.4 percent from July, the total investment involved in these deals dropped 28.83 percent from a month ago to 73.3 billion yuan (US$11.47 billion), China Venture said in a report today.
A total of 207 cases among the already announced deals have been completed, which was the highest amount so far this year and 176 deals revealed that they had a combined investment of nearly 55.8 billion yuan, a 10.6 percent rise from a month ago.
Among the 207 cases, 189 deals took place between Chinese firms, 12 outside China and six were inked by foreign investors to the world's second largest economy, the report added.
The energy and mines sector had 38 M&A cases, the most among all sectors, followed by 23 cases in IT and 22 cases in the manufacturing sector, the report said.
Although the number of announced M&A deals jumped 6.4 percent from July, the total investment involved in these deals dropped 28.83 percent from a month ago to 73.3 billion yuan (US$11.47 billion), China Venture said in a report today.
A total of 207 cases among the already announced deals have been completed, which was the highest amount so far this year and 176 deals revealed that they had a combined investment of nearly 55.8 billion yuan, a 10.6 percent rise from a month ago.
Among the 207 cases, 189 deals took place between Chinese firms, 12 outside China and six were inked by foreign investors to the world's second largest economy, the report added.
The energy and mines sector had 38 M&A cases, the most among all sectors, followed by 23 cases in IT and 22 cases in the manufacturing sector, the report said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
