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China M&A transaction volume to bottom out this year, rise 15% in 2025: UBS

SCMP LogoSCMP1d ago

China M&A transaction volume to bottom out this year, rise 15% in 2025: UBS - SCMP

Quick Summary:

UBS says China M&A deal volume fell 10 per cent in November from a year earlier to US$297 billion.

For example, China Mobile on Monday said it offered to buy Hong Kong-listed broadband service provider HKBN for as much as HK$7.8 billion (US$1 billion), joining a bidding war with US private equity firm I Squared Capital, which earlier made a non-binding offer to buy HKBN for an undisclosed amount.

The tally, covering mainland China, Hong Kong and Taiwan, was the lowest in at least a decade, it said.


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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 07:30:07 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 250 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 42 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 24104900

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 12 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 36 minutes ago

Coverage Areas: Hong Kong

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Publisher ID: #42

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