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Sovereign Wealth Funds Briefing - Categorized | Market, Performance, Research

China-related mergers and acquisitions to rebound

Posted on 17 August 2010

From Peopledaily.com.cn: Most China-related merger and acquisition deals have rebounded strongly in the first half of the year, and set the scene for robust activities for the remainder of 2010 and into 2011, accounting firm PricewaterhouseCoopers (PwC) said . Another notable investment was China Investment Corporation’s double investment in PennWest Energy, aggregated to $1.2 billion in total.
Chinese outbound merger and acquisition deals for the first six months of 2010 have reached record levels, up by more than 50 percent over the same period last year, PwC said in a report……………………………………….Full Article: Source

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