Chinese enterprises overseas mergers and acquisitions frenzy set off again
Dreamy F
www.china-disposable.com
2016-07-19 17:49:18
Data show that in January 2016 to June, Chinese enterprises reached 121.1 billion US dollars of cross-border M & A transactions, surpassing 2015 annual outbound M & A transaction total $ 111.5 billion. Moreover, the highest single transaction amount is frequently updated: Following the Wanda Group to $ 3.5 billion acquisition of American Legend Pictures, China HNA Group agreed to $ 6 billion acquisition of US IT companies Ingram Micro company, China National Chemical Corporation has spent 43 billion Rui Shinong proposed mergers and acquisitions of US dollar and seed company Syngenta.
Since 1998, the largest trading 20 Chinese companies in overseas acquisitions, in addition to 3 pen undisclosed, all in cash to complete the transaction. Chinese enterprises overseas mergers and acquisitions tend to give 'upstart' feeling, in fact, many foreign companies do not understand this move.
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