According to a PwC report released on 24th August, 2017, the number of Chinese outbound mergers and acquisitions hit a new high in the first half of 2017, demonstrating that demand for strategic overseas investments remains strong.
While the total value of Chinese outbound merger and acquisition deals in the first half fell 13.3 percent to stand at $64.4 billion, the number of deals increased 8 percent to 520 deals.
The technology sector became the most popular sector among outbound M&As in the first half as investors sought to bring advanced technologies to the Chinese market, the report said.
“The growth in deal volumes just proves the obvious strategic and financial synergies between European and Chinese companies, it will be a surprise if this trend does not continue.” Hans Halskov, managing director of Across Partners said.
Across Partners has accumulated a unique skill-set to make such deals happen to benefit all parties involved.