LINE

Text:AAAPrint
Economy

Outbound M&As surging in China: report

1
2015-09-23 20:07Xinhua Editor: Mo Hong'e

Accumulated outbound mergers and acquisitions (M&A) involving Chinese companies exceeded 400 billion U.S. dollars by the end of 2014, a report released by global consulting firm Bain & Company showed on Wednesday.

There were 2,690 outbound M&As with a transaction volume of 420 billion U.S. dollars between 2000 and the end of last year. In 2014 alone, there were 405 outbound M&As with a transaction volume of 79 billion U.S. dollars, according to the report.

Momentum has been gaining in China for these big deals since 2005, but the trend is still in its infancy. Only 13 percent of all M&A deals involving Chinese companies between 2000 and 2014 were outbound compared with the 50-percent global average, it said.

Most outbound M&A deals with a value of more than 3 billion U.S. dollars involve state-owned enterprises. But overall, private firms account for 90 percent of M&A transactions and 80 percent of the transaction volume, according to the report.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.