The first half of the global mergers and acquisitions deal 112.5 billion U.S. dollars China region nearly 10%
Source: Internet
Author: User
KeywordsMergers and acquisitions global mergers and acquisitions trading amounts global share
Shi the pace of Chinese mergers and acquisitions accelerated in the first half of 2009, analysts say the number of Chinese companies overseas mergers and acquisitions will increase further in the second half. New data from Dealogic show that the world has announced a total of about $112.5 billion trillion in mergers and acquisitions in the first half of this year. Among them, China's transaction amount of about 10.1 billion U.S. dollars, accounting for around 9% of the global market, accounting for more than 30% of Asia-Pacific mergers and acquisitions. In 2003, China's regional mergers and acquisitions accounted for less than 4% of the global share. In the first half of this year, China's mergers and acquisitions activities were mainly concentrated in natural resources, financial institutions and technology, media, telecommunications sector. Among them, natural resource mergers and acquisitions accounted for 31% of total transactions. Financial institutions accounted for more than 20% of related transactions. Technology, media, telecommunications related transactions accounted for 11%. Guohong, head of mergers and acquisitions at JPMorgan's Greater China region, said mergers and acquisitions in the Asia-Pacific region, especially in China, are expected to be more active in the second half of 2009. Guohong said the merger market was closely linked to the stock market. Mergers and acquisitions are a reflection of confidence in the economy and the stock market, and if confidence is strong, companies will go out, or make larger and very strategic deals. If the economy is not good or the stock price is low or the stock price is weak, the general business and policymakers will sweep the snow from the front and rarely make large acquisitions. On the one hand, policymakers and companies will take bolder mergers and acquisitions after the economy and stock markets are relatively stable and Guohong, making it possible to see more large-scale mergers and acquisitions in the second half of the year. On the other hand, with the support of bank funds, Chinese enterprises have great advantages in capital quantity and circulation, which stimulates them to carry out overseas acquisition strategy. In addition, because of the international resources, industry and other capital requirements of large industries have bottlenecks, such as the sharp decline in mineral prices and debt, the hope of debt restructuring enterprises, eager to find funds sufficient investors or acquirers. Cai, Asia's chairman of UBS Investment Bank, also told CBN reporters that Chinese companies will be more active in overseas mergers and acquisitions in the second half. However, with asset prices rising, the golden period of Chinese companies ' overseas acquisitions will fade. Guohong that, although commodity and resource prices have continued to rise since the beginning of 2009, Chinese companies and investors are still doing a great deal of overseas acquisitions. Schedule _ the top ten mergers and acquisitions in China in the first half of this year: Dealogic Acquirer name acquisition object name acquired industry amount (billion USD) trading state/price China aluminum Rio Tinto UK mining 20.1 cash has been canceled China petrochemical Addax Petro Leum Swiss oil and gas 8.9 cash for China Yangtze River Power Three Gorges Chinese utilities and Energy 6.0 cash in the middle Poly GCL Energy Jiangsu Sino-Chinese Chemical Technology Co., China 2.6 shares in China Petroleum and natural gas SingaporE Petroleum Singapore Oil and gas 2.4 cash to develop Tianjin Port China Transportation 2.0 cash and shares for Ping An insurance Shenzhen Development Bank China Financial 1.7 cash for China Minmetals mining assets (Sepon.golden grove,c Entury and other Australian mining 1.4 cash has been completed) China Eastern Airlines Shanghai Airlines China Transport 1.1 share agreement Chongqing Dongyuan Chongqing Golden Branch China Real Estate
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