M&A activity hits record high in China
Update Date：2016-1-27 11:57:05 Source：BeiJing Tannet Views：844
A 30-year-old professional photographer with an interest in fashion recently found an unlikely yet dapper muse: his 85-year-old grandfather.
Ding Guoliang typically uses models in their 20s for his chic fashion photos. But it was images posted online of his gracefully aging The levels of capital being raised, and the significant pace of development by financial services and online payments operations in China also contributed.
Outbound activity also grew 40 percent by volume and 21 percent by value, both new highs.
The private sector led the charge, but financial buyers and private equity investors were also very active, as State-owned enterprises remained largely subdued.
"In 2015 we saw a continuation of the outbound trend, with strategic buyers pursuing inorganic growth strategies and seeking technologies and brands to bring back to the China market, as well as significant participation from PEs and financial buyers acquiring overseas assets with a China angle," said Lu.
"There were 40 percent more outbound deals in 2015, and I believe we will see this kind of rate of growth for the next few years as Chinese-led multinational corporations start to emerge on the global stage."
The report also showed private equity and financial investor deals increasing 79 percent by deal volume and 169 percent by deal value.
Domestic investors were especially active, although the focus on domestic A-Share markets as an exit route made it a tougher environment for foreign PEs.
Leon Qian, PwC' transaction services northern China leader, said M&A investors were seeking high-growth opportunities as the general economy slowed and consequently, the VC industry remained active, also reaching record high levels.
The article transsshipment from China Daily
Previous：Bears focus on Alibaba as investors fret over China's economy
Next：Grandfather serves as photographer's muse