PE market's deal value jumps to $69 billion in 2015, says Bain & Co report
By Wu Yiyao in Shanghai | China Daily | Updated: 2016-04-27 08:05
China's private equity market's combined deal value jumped 56 percent year-on-year to $69 billion in 2015, a report released on Tuesday by the global management consulting firm Bain & Co said.
The growth was driven by a surge in multibillion-dollar deals and an increase in opportunities in the internet sector, the Boston-based company said.
The report, however, noted that PE activity in 2016 may cool down and struggle to match the fast growth of 2015 amid slowing economic growth.
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