Chinese companies grew increasingly active in overseas deal-making activity last year, according to data from Thomson Reuters.
The value of announced mergers & acquisitions (M&A) involving Chinese companies soared to record highs and amounted to $396.2 billion so far this year, a 44.0 percent increase compared to last year.
China's overseas acquisitions in Europe grew 90.8 percent to $17.7 billion compared to last year ($9.3 billion). This is the highest deal value since 2008 driven by State Grid International Development Ltd's pending acquisition of a 35 percent stake in CDP Reti Srl.
This marks the strongest-ever annual period for China-involvement announced M&A since records began in 1982.
Here are the top 10 outbound M&A deals involving Chinese companies in 2014.
No 10 Hua Capital Management Ltd and Shanghai Pudong Science & Technology Investment Co Ltd, acquired OmniVision Technologies Inc, a US digital imaging device manufacturer.
Deal value: $1.22 billion
|
 |
|
The digital imaging chips made by Omivsion. [File photo] |
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
