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China’s mining, metals industries pursue M&A possibilities overseas

Posted on 07 November 2012

China’s mining and metals companies are taking advantage of global caution to seize merger and acquisition opportunities in the sector in overseas markets, experts at Ernst & Young Global Ltd said on Monday.
The first nine months of this year saw 684 deals worth a combined $76.8 billion in the global mining and metals sector. The number of deals dropped by 16 percent year-on-year, while the total value of all transactions decreased by 43 percent compared with the same period in 2011………………………………………..Full Article: Source


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