M&A ac­tiv­ity reaches record value in 2013

China Daily (Canada) - - NEWSCAPSULE -

The value of merg­ers and ac­qui­si­tions in the Chi­nese mar­ket reached a record high in 2013.

Deals to­taled $261.9 bil­lion, with en­ergy and power be­ing the most pop­u­lar sec­tors, ac­cord­ing to a re­port by Thom­son Reuters said. By value, the sec­tors com­prised 17.8 per­cent of all deals.

The in­vest­ment amount of cross-bor­der M&As was $96.4 bil­lion, the high­est to­tal in the past five years, ac­cord­ing to the re­port.

Out­bound M&A deals came to $61.9 bil­lion, in­creas­ing 8.8 per­cent year-on-year, which also was the high­est to­tal since 2009.

The United States was the pre­ferred desti­na­tion for Chi­nese out­bound M&A deals, to­tal­ing $12.2 bil­lion in 2013, an in­crease of 96.6 per­cent year-on-year.

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