Related News
China M&As hit record in 2014, PwC says
CHINA’S merger and acquisitions activities hit record highs in 2014 in terms of both the number of deals and their total value, driven by technology, consumer-related and financial services sectors, PricewaterhouseCoopers said today.
The number of China’s domestic, outbound, and inbound deals jumped 55 percent from a year ago to 6,899, while the value of all deals also rose 55 percent to US$407.2 billion, both record highs since PwC started to compile the data in 2008.
“Strategic M&A activity showed very strong performance across all categories throughout the year,” says Roger Liu, PwC China mainland and Hong Kong deals private equity leader. “Ongoing consolidation as China’s domestic economy matures was a key driver. There were also some sizeable deals in foreign-inbound strategic M&A, particularly in banking and financial services.”
Looking ahead, PwC said merger and acquisition activities will continue to prosper in 2015 as the reform of state-owned enterprises will continue to feed major domestic transactions, private companies will lead the outbound charge and private equity funds will participate in all types of M&A activities.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.