Robust M&A activities expected to continue
January 26, 2015 Category Mergers & Acquisitions, Weekly
The vibrant merger and acquisition (M&A) activities in China last year are set to continue in 2015 as several state-owned enterprises (SOEs) are likely to restructure. China saw 1,536 M&A deals worth USD339.7 billion, a surge of 73.9% from a year earlier, in 2014, financial data provider Mergermarket said in a report. Large-scale deals of over USD2 billion involving SOEs amounted to USD102 billion in 2014, taking up 30% of the total deal value. The top-three deals last year involved CITIC Group, Sinopec Marketing Co, and CSR as well as China CNR. Chinese companies were again the main driver of the Asian M&A market, excluding Japan, last year as they contributed 80.7% of the growth in deal value. Foreign investors’ M&As hit a record high last year with the inbound value surging 79.9% year-on-year to USD38.2 billion. Outbound M&A deals by Chinese companies dropped 14.6% to USD59.1 billion after reaching a high of USD69.1 billion in 2013.
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