Chinese lift fourth wave of overseas mergers and acquisitions concentrated in IT industry

Days ago, the Boston consulting firm in its report in the development trend of the next few years China's mergers and acquisitions made six predictions.

The move to the world stage: China's foreign mergers and acquisitions, the report said that China is currently in the fourth wave of foreign mergers and acquisitions, mergers and acquisitions in the next few years will continue to develop and become increasingly active. Report said, China overseas mergers and acquisitions activity industry is mainly concentrated in the mining and energy, telecommunications equipment, computers and IT devices. In addition, consumer electronics, household appliances and shipping industry will also begin to reach the hands of foreign mergers and acquisitions. At the same time, a number of industries with a high degree of foreign mergers and acquisitions, such as automobiles, chemicals and utilities, have begun to buy abroad, or have considered the ambitions of overseas mergers and acquisitions and financial strength.

Another prediction from Boston consulting is that private equity will play an increasingly important role in China's foreign mergers and acquisitions. More and more private capital institutions will be in the global transaction with the Chinese acquirer team, and is committed to creating more opportunities for mergers and acquisitions.

The report points out that in any global M & A transactions, the acquisition of the acquisition of the global scale must take into account the participation of Chinese enterprises. As China is becoming the world's largest market for more and more industries and products, the pursuit of global scale buyers need to have a foothold in china.

At present, we are experiencing a new round of overseas mergers and acquisitions boom, the characteristics of the internationalization of Chinese enterprises. In the past 4 years, there have been more than more than and 100 Chinese enterprises merger and acquisition activities." Global senior vice president and director of Boston consulting firm Mwid said.

In the past few years, China's M & A has grown at a rate of 70%. 2004 China Asia Pacific (excluding Japan) mergers and acquisitions in the most active market, China companies overseas mergers and acquisitions amount to nearly $7 billion last year, China overseas mergers and acquisitions scale an increase of 50% on the basis of this year may exceed $14 billion.

Department of Commerce International Trade and Economic Cooperation Research Institute has just completed the report shows that in recent years Chinese enterprise foreign direct investment (FDI) in cross-border mergers and acquisitions and equity exchange increases, strategic investment is becoming a new way of development of overseas enterprises.

In 2005, Lenovo acquisition of TCL, after the event, the emergence of overseas mergers and acquisitions Chinese enterprise series: Haier bid for Maytag, CNOOC's bid for Unocal fail on the verge of success; Alibaba to "eat" Chinese YAHOO to become the largest Internet merger and acquisition of the British MG Luo Fuqi Nanjing car in Kazakhstan petroleum oil whirling, mergers and acquisitions etc..