|
M&A deals drop but market still steady, likely to thrive in Q1: dataChina Daily/Asia News Network BEIJING -- There have been 562 merger and acquisition deals related to Chinese companies this year with a value of US$35.3 billion, decreasing 11.8 percent year-on-year, according to data from Thomson Reuters released on Thursday.
March 16, 2013, 12:06 am TWN But experts said the condition of the Chinese M&A market remains steady in the first quarter and will be positive this year. “One reason for the small decrease in the first quarter may be that buyers at home and abroad are waiting for China's leadership transition to take effect,” said Nie Lei, a partner of transaction services at PwC China. Thomson Reuters data also showed that private equity and venture capital investors only invested US$84 million in these deals, a decrease of 97.5 percent year-on-year. |
![]() | ||||||||||||||||||||||