|
BIZCHINA> Mergers and Acquisitions
![]() |
|
China's first-quarter M&A value $43b
(Xinhua)
Updated: 2008-04-05 10:20 Merger and acquisition (M&A) volume in China stood at $43.1 billion in the first quarter of this year, according to statistics from Thomson Financial. Cross-border M&A reached $28.5 billion, four times the year-earlier value, the Shanghai Securities News reported on Friday. The manufacturing sector had $21.8 billion in M&A transactions, accounting for more than half of the total. It was followed by the financial and energy industries, with $7.2 billion and $6 billion, respectively. On February 1, the Aluminum Corporation of China and the US aluminum producer Alcoa bought a 12 percent stake in the British-listed company of iron ore giant Rio Tinto for $14.05 billion, the largest overseas investment ever by a Chinese enterprise. (For more biz stories, please visit Industries)
|
华安县| 鸡西市| 普兰县| 孝感市| 太仆寺旗| 兴安盟| 旬邑县| 双牌县| 乌海市| 靖远县| 尉氏县| 博乐市| 新建县| 福泉市| 台安县| 阳新县| 加查县| 容城县| 江西省| 凭祥市| 阿图什市| 青浦区| 临武县| 左贡县| 湘西| 台安县| 宝丰县| 宾阳县| 新源县| 卢龙县| 阜宁县| 莆田市| 安阳县| 南澳县| 麻江县| 甘肃省| 天峻县| 吉木乃县| 手游| 交口县| 顺平县|