Chinese Business: Mergers and Acquisitions
Some interesting statistics were released on Friday from Thomas Financial regarding mergers and acquisitions (M&A) for China's first quarter of 2008. No surprises, China continues its impressive growth, and likewise continues its international investments.
Domestic mergers stood at $43.1 billion, reflecting a growing trend in Chinese corporations to consolidate.
Even more remarkable, cross-border M&A's came in at $28.5 billion, four times the value this time last year. This number strongly reflects the Chinese business community's strides towards greater international diversification.
The sectors with the largest M&A numbers were manufacturing, financial, and energy.
Domestic mergers stood at $43.1 billion, reflecting a growing trend in Chinese corporations to consolidate.
Even more remarkable, cross-border M&A's came in at $28.5 billion, four times the value this time last year. This number strongly reflects the Chinese business community's strides towards greater international diversification.
The sectors with the largest M&A numbers were manufacturing, financial, and energy.
posted by Brian Hoffman at 12:03 AM
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