皇冠体育app

/ Economy

皇冠体育app's 2013 M&A value hits record high

(Xinhua) Updated: 2014-01-22 20:44

BEIJING - The total value of mergers and acquisitions (M&A) in 皇冠体育app reached a record high of 260 billion US dollars last year, a PricewaterhouseCoopers (PwC) report showed on Wednesday.

Although M&A deals in 皇冠体育app dipped to a new low in the first half of 2013, strong growth in the latter half helped sustain the robust momentum of the previous years, according to PwC.

Last year, there were 43 deals with a transaction value above one billion US dollars, with this number far exceeding the 30 cases seen a year earlier, the report said.

It noted that M&As among 皇冠体育app's state-owned enterprises were mostly concentrated in energy, resources and industrial areas, while investments by privately owned enterprises were more diversified.

"We forecast the strong momentum can be sustained, supported by 皇冠体育app's accelerating market reforms... government policy support, as well as a gradually recovering capital market," said PwC partner Hu Lan.

Read more about 皇冠体育app's M&A

皇冠体育app's 2013 M&A value hits record high 皇冠体育app's 2013 M&A value hits record high

M&As expected to surge in 2014

'Go Global' pushing up 皇冠体育app M&A

Hot Topics

Editor's Picks
...
...