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Chinese firms make 29 overseas M&As in first half

Chinese firms make 29 overseas M&As in first half

Write: Nidra [2011-05-20]

Chinese enterprises made 29 overseas mergers and acquisitions (M&As) in the first half of 2010, 49 in 2009 and 41 in 2008, according to Accenture, a global management consulting company, China Securities Journal reported Friday.

The statistics show that M&As conducted by private Chinese businesses increased sharply but involved comparatively small amounts of money. Big overseas deals were still conducted by State-owned enterprises.

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