February Mergers and Acquisitions market: cross-border mergers and acquisitions bright and traditional industries are still popular

Xinhua Shanghai, March 9, due to the spring festival holiday factors, February China's domestic mergers and acquisitions cases, compared to cross-border mergers and acquisitions are bright spots.　　The February data from the research center of the Qing branch showed that there were 6 cases of cross-border mergers and acquisitions in China, which involved an amount of USD 759 million, which accounted for 76.3% of the total amount disclosed in the current month's merger market. Affected by the holiday factors, February China's mergers and acquisitions market investment cases and the amount of mergers and acquisitions have been disclosed double drop.　　The research center of the Qing branch of the tracking data shows that the month of China's mergers and acquisitions market a total of 18 mergers and acquisitions cases, the chain fell 41.9%, which has disclosed the amount of 15 mergers and acquisitions, involving capital of 995 million U.S. dollars, the chain down 29.5%. From the view of industry, the traditional industry is still the hot spot of capital chasing in China's mergers and acquisitions market.　　In February, there were 11 mergers and acquisitions in the traditional industry, involving an amount of USD 654 million, 61.1% of the total number of cases in the month and 65.7% per cent of the total amount of disclosed projects. Notably, of the 6 cases of cross-border mergers and acquisitions, 5 have occurred in traditional industries. Among them, Wuhan Iron and Steel Group Company acquired 400 million U.S. dollars 21.5% of Brazil's MMX companies, become the company's second largest shareholder, and access to about 600 million tons of resources rights and interests are particularly concerned. This is since January 2010 in China's mergers and acquisitions market involving the largest amount of mergers and acquisitions case.