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Main » 2016 » February » 4 » China is buying up foreign companies at a record pace
11:19
China is buying up foreign companies at a record pace
 
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Reade set Go! Against the backdrop of a slowing economy, Chinese companies do not spare money.

 

 

According to the finance company Dealogic, in just the first month of 2016, Chinese companies announced plans to buy 66 foreign companies for a total of $ 68 billion. This is equivalent to 60% of all such transactions in the last year. It is expected that this trend will continue, experts say.


Today, the state chemical company China National Chemical Corporation offered $ 43 billion for the Swiss company Syngenta (leader in the production of crop protection products and seed). If the deal is approved by regulators, the purchase will be the largest absorption in the history of Chinese companies.

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1. As previously reported, ChemChina offers $ 43 billion for the Swiss company Syngenta.


2. The manufacturer Haier home appliances has offered $ 5.4 billion for US-based equipment manufacturer General Electric.


3. The Chinese company to develop and manufacture high-tech equipment Zoomlion Heavy announced plans to buy Terex Corp - US-based manufacturer of industrial machinery - for $ 4.87 billion.


4. The largest Chinese cameraman Dalian Wanda has offered $ 3.5 billion for the US company for the production of Legendary Entertainment films.
 


A source

 
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