mergers and acquisitions

Mengniu Dairy to Buy Stake in Quality Control

Reuters reports on Mengniu Dairy’s deal to buy a sizable stake in China’s largest raw milk producer in effort to gain greater quality control over its milk supply: China Mengniu Dairy Co Ltd’s (2319.HK) deal to...

Alibaba to Buy Sina Weibo Stake

Chinese e-commerce giant Alibaba Group announced Monday that it had agreed to buy an 18 percent stake in Sina Corporation’s microblogging platform Weibo for $586 million, signaling its intention to capitalize on the growth...

China’s Auto Makers Look Homeward For M&A

From Wall Street Journal: Despite major steps for Chinese auto makers in overseas expansion during the past year, companies are now expected to be more cautious in overseas acquisitions while accelerating their pace in domestic...

The Next Wave From China

From Forbes: News that Ford Motor has agreed to terms with Zhejiang Geely for the Chinese carmaker to acquire its Volvo Cars division is the latest example of the next wave of Chinese foreign investment....

Beijing’s Buying Spree

From the Times of India: With Chinese companies trying to gobble up western firms and brands (like Hummer) by taking advantage of the global financial crisis, there are many who wonder if China will some day dominate the western...

China Eastern, Shanghai Air to Combine After Losses

From Bloomberg: China Eastern Airlines Corp. will combine with Shanghai Airlines Co. after joint losses of 16.5 billion yuan ($2.4 billion) last year prompted the government to bail out the two state-controlled carriers. “We...

In China, Corporate Buyers Now Beware

From Reuters: Abundant liquidity, government support and a strong yuan fueled Chinese companies’ overseas buying spree. But since they bought at the peak of the market and did not have a clear strategy for acquisitions, it...

China Eastern In Merger Review With Shanghai Airlines

From Financial Times: China Eastern Airlines admitted yesterday that a merger with Shanhai Airlines, its smaller rival carrier in eastern China, is being actively considered. Cao Jianxiong, president of China Eastern, said the...

Coke Deal to Test China’s Antitrust Law

From the Wall Street Journal: Coca-Cola Co.’s $2.4 billion deal to acquire China Huiyuan Juice Group Ltd. offers the first major test of China’s new antitrust law — one that comes amid public concern over the...

Chinese Carmakers Merge to Take on Multinationals – Jason Subler and Shen Yan

From Guardian Unlimited: China’s largest carmaker SAIC (Shanghai Automotive Industry Corporation) and its smaller rival Nanjing Automobile, which owns the MG Rover brand, yesterday confirmed their long-expected merger, creating a national car group that aims to rival big multinationals. Separately, Italy’s Fiat agreed to sell its 50% stake in its loss-making passenger car venture with […]

China’s IPO Juggernaut Thunders On – Sundeep Tucker

The year of 2007 is regarded as a year of overheating for the Chinese economy, especially in the financial market. This year, IPOs and domestic merger and acquisition activities in China increased continually. Overseas investors are envious of the booming capital market in China; however, they are also cautious about the future success of capital […]

China ‘Will Be Most Active M&A Player’ – Sundeep Tucker

From Financial Times: Chinese companies are set to be Asia’s most acquisitive in the US or Europe next year, according to a survey of the region’s dealmakers. Nearly 60 per cent of those polled believe mainland Chinese companies will outstrip rivals in countries such as India and Japan in outbound merger and acquisitions activity in […]

China Adopts Anti-monopoly Law – Xinhua

From Xinhua: Foreign acquisitions of Chinese companies will be subject to stringent new checks intended to protect China’s economic security under a new law passed on Thursday. After 13 years on the drawing board, the Anti-Monopoly Law passed by the Standing Committee of the National People’s Congress (NPC), China’s top legislature, winning 150 out of […]

Domestic M&A Deals Take Lead in China – Kate Williams

From Caijing.com.cn: China witnessed an explosion of mergers and acquisitions (M&A) over the past year, and an independent analysis shows domestic-only deals have become the dominant force for M&A in China. The analysis by PricewaterhouseCoopers (PwC), a global accounting firm, revealed a surge of domestic activity driving the growth of China’s M&A. Meanwhile, foreign investment […]

Kelly Enters Chinese Jobs Market – Geoff Nairn

From Engaging China: Kelly Services ,a leading US recruitment firm, has acquired P-Serv , a Chinese company specialising in temporary and permanent staffing and executive search. Established in 1990, P-Serv has offices in HK, Singapore and seven China cities — Chengdu, NanChang, Shanghai, Beijing, Suzhou, Guangzhou, and Shenzhen. As part of Kelly’s deal, Paul Ng, […]

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