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