M&As Soar 91% To US$27.8b
By Chen Li |
July 8, 2011, Friday
|
Print Edition
Print Edition
MERGER and acquisition deals on the Chinese mainland reached a record of almost US$27.8 billion in the first six months, up 91 percent from a year earlier, a leading investment research firm said in a report yesterday.
A record 416 M&A deals were sealed in the period, a jump of 61.2 percent from a year ago, Zero2ipo Group said in the report.
Among the deals, 389 deals were signed between Chinese firms, the highest since 2008 and a 68.4 percent rise from the same period a year earlier, the Beijing-based firm said.
Domestic deals saw a year-on-year jump of 50.3 percent and totaled US$10.23 billion from January to June. The real estate sector sealed the most deals at 52, according to the report.
Nine M&A deals were completed among energy and mining firms, accounting for nearly 53 percent of the overall value, the report said.
Meanwhile, Chinese firms showed ambitious overseas expansion plans in the first half.
A record 416 M&A deals were sealed in the period, a jump of 61.2 percent from a year ago, Zero2ipo Group said in the report.
Among the deals, 389 deals were signed between Chinese firms, the highest since 2008 and a 68.4 percent rise from the same period a year earlier, the Beijing-based firm said.
Domestic deals saw a year-on-year jump of 50.3 percent and totaled US$10.23 billion from January to June. The real estate sector sealed the most deals at 52, according to the report.
Nine M&A deals were completed among energy and mining firms, accounting for nearly 53 percent of the overall value, the report said.
Meanwhile, Chinese firms showed ambitious overseas expansion plans in the first half.
- 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.
