Showing posts with label Acquisitions. Show all posts
Showing posts with label Acquisitions. Show all posts

Monday, October 24, 2016

China Deal Watch


Bloomberg
(for full article with interactive plots see http://www.bloomberg.com/graphics/2016-china-deals/)


Chinese companies are buying up overseas assets at a faster pace than U.S. buyers for the first time on record. This graphic, updated weekly, takes a close look at what China is acquiring, and where. The numbers reveal a lot about the country’s growing global ambitions.

On Oct. 18, China Life Insurance Co Ltd agreed to buy select-service hotel portfolio from Starwood Capital Group LLC for $2 billion. Here’s how this deal compares to China’s other overseas acquisitions:
Rank 17th largest foreign acquisition by a Chinese company this year
2016 Total $206.6B in foreign mergers and acquisitions
Growth 212% increase from the same period in 2015