PricewaterhouseCoopers revealed on the 17th at the “2010 M&A Review and Prospects†press conference that Chinese companies’ overseas M&A growth trend is very significant. In 2010, the number of overseas M&A deals increased by more than 30% to a record 188 cases. The total amount of transactions disclosed was approximately $38 billion. Among them, the resource industry still occupies a dominant position in overseas mergers and acquisitions.
The data provided by the international accounting firm shows that in the 188 overseas mergers and acquisitions, the number of mergers and acquisitions in the raw material industry was 67, and the energy and power industry also reached 18, ranking first among the top ten industries in the number of overseas M&A activities. Fourth place.
Coincidentally, the “Statistics Analysis Report on China's M&A Market in 2010†previously published by CinnaV enture has also shown that the number of cases completed in 2010 and the amount of transactions in Chinese M&A have increased compared to 2009.
The report said that in terms of the amount of M&A transactions completed, the three industries of energy, finance, and manufacturing were ranked in the top three, among which the energy industry accounted for 39% of the total, ranking first among all industries, and the amount of M&A reached US$ 34.455 billion. From the perspective of industry distribution, the number of M&A cases in the manufacturing, energy, and real estate industries was ranked in the top three, with 382, ​​258, and 229 respectively.
"China's overseas M&A transactions are expected to continue strong growth in 2011 driven by continued demand for resources and the introduction of high-tech technologies and knowledge," said Lu Yuxi, partner of PricewaterhouseCoopers China M&A Services.
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