M&A deals surge to at all-time high in 2013

China Daily (Canada) - - NEWS CAPSULE -

Merger-and-ac­qui­si­tion ac­tiv­ity in China surged to an all-time high in 2013, with US com­pa­nies a prime tar­get, and an­a­lysts project an in­crease in 2014 global M&A of 10 to 15 per­cent.

China’s M&A in­crease con­trasted with a 2 per­cent drop in global deals, which ob­servers at­trib­uted to a rise in ac­tivist cam­paigns, eco­nomic un­cer­tainty and reg­u­la­tory in­ter­ven­tions.

China had $261.9 bil­lion worth of deals in 2013, up 24.4 per­cent from last year’s record $210.6 bil­lion. En­ergy- and power-sec­tor ac­qui­si­tions, rep­re­sent­ing 17.8 per­cent of China M&A ac­tiv­ity, led the way with a value of $46.5 bil­lion, down 2.3 per­cent from 2012, ac­cord­ing to Thom­son Reuters data.

China com­pleted $12.2 bil­lion in US ac­qui­si­tions, up 96.6 per­cent from 2012.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.