M&A value rises 33%
By Lydia Chen |
October 10, 2011, Monday
|
Print Edition
Print Edition
THE total value of mergers & acquisitions in China surged 33 percent in the third quarter from three months earlier to nearly 189 billion yuan (US$29.7 billion), according to a report yesterday.
The three months saw 575 completed M&A deals, the highest so far this year, but details of 487 deals totaling 188.9 billion yuan from July to September, the most since the third quarter last year, were released, according to the report by China Venture.
Deals between Chinese firms dominated the M&A market, with 453 deals worth 138.6 billion yuan inked in the period while 39 deals were closed by Chinese firms buying foreign assets. Foreign firms closed 15 deals in China, the report added.
Manufacturing was the most favored industry for investors with 83 M&A deals, followed by 82 in energy and mining while 53 transactions were sealed in the IT sector, the report added.
The three months saw 575 completed M&A deals, the highest so far this year, but details of 487 deals totaling 188.9 billion yuan from July to September, the most since the third quarter last year, were released, according to the report by China Venture.
Deals between Chinese firms dominated the M&A market, with 453 deals worth 138.6 billion yuan inked in the period while 39 deals were closed by Chinese firms buying foreign assets. Foreign firms closed 15 deals in China, the report added.
Manufacturing was the most favored industry for investors with 83 M&A deals, followed by 82 in energy and mining while 53 transactions were sealed in the IT sector, the report added.
- 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.
