value: The report showed an 8 percent increase in the value of domestic strategic M&A with 28 mega-deals and deal volume climbing 12 percent, according to Global Times China. Foreign inbound investments rose by 64 percent in volume but declined by 29 percent in value. Xinhua/Ren Pengfei Deal volumes of China's mergers and acquisitions M&A increased in most sectors, with high technology investments remaining in the number one position in volume terms, according to a PwC report released Monday. With outbound opportunities limited and the trade-war in play, China's renewed focus on its domestic economy drove an increase of domestic strategic M&A both in deals value and volume, said George Lu, PwC Chinese mainland and Hong Kong outbound deals leader. In addition, the consumer, technology and healthcare sectors appeared to be active. A number of large transactions and reorganizations in the industrial sector were seen in the past six months.
(news.financializer.com). As
reported in the news.
Tagged under value, george lu topics.