Shanghai Daily 6 Aug. 2013
CHINA completed 102 merger & acquisition transactions in July, a surge of 59.4 percent from a month earlier, according to an industry report.
The value of the 86 M&A deals that revealed their transaction figures totaled US$3.05 billion, a monthly increase of 13 percent, the Zero2IPO Research Center said in a report released yesterday.
The total value represented a 38.4-percent rise from a year earlier, the report said.
Of all the deals, 89.2 percent, or 91 cases, were domestic M&As valued at US$1.8 billion; eight cases were overseas acquisitions at US$935 million, and three were foreign acquisitions at US$356 million.