Chinese M&A market hot in Q1-3

Mergers and acquisitions by Chinese companies rose to their second highest volume on record in the first nine months of this year, data from Thompson Reuters shows.

M&A activity by Chinese companies reached US$136.3 billion in value in the first three quarters of 2011. The volume was the second highest level on record, second only to the US$150.44 billion in deals achieved in the first nine months of 2008.

Chinese firms closed a record high of 2,844 deals in the first three quarters of this year.

Inbound M&A activity rose to US$72.97 billion, accounting for 53.5 percent of the total volume. Outbound M&A deals accounted for 23.5 percent, while acquisitions by foreign firms represented 21.7 percent.

The number of M&A deals made by foreign firms rose 49 percent to 575 by Sept. 19, involving US$29.52 billion in volume, another record high.


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