Private enterprises increasingly active in mergers and acquisitions
By Chen Yingqun | China Daily | Updated: 2017-03-02 07:22
Privately owned Chinese enterprises have been increasingly active in outbound mergers and acquisitions.
The value of private enterprises' outbound M&A exceeded that of State-owned enterprises for the first time last year, according to a recent report.
Private enterprises' outbound M&A volume in 2016 was about three times that of the previous year. Its value was $116.3 billion, which was almost double that of SOEs, said the report by consulting firm PricewaterhouseCoopers.
Photo
