BEIJING, Oct. 24 (Xinhua) -- Enterprises in the Chinese mainland and Hong Kong have completed 68 mergers and acquisitions (M&A) transactions along the Belt and Road with a total value of 37.8 billion U.S. dollars since the beginning of the year, representing a 73 percent growth year on year, according to the 21st Century Business Herald.
However, the number of their M&A transactions in the U.S. was only 61, with the value of 9.2 billion U.S. dollars, down 76.6 percent year on year.
Outbound M&A transactions in the third quarter declined both in number and in scale. Proportion of outbound M&A transactions in the third quarter to China's overall M&A transactions plunged to 33.4 percent from the 55.3 percent in the second quarter, according to a M&A report released by CVSource on October 19.
Enterprises in the Chinese mainland and Hong Kong enterprises registered a total of 298 outbound M&A transactions in the first three quarters of 2017, with a total value of 110.9 billion U.S. dollars, down 35.1 percent year on year, said a report released by Mergermarket on October 16, 2017.
For the enterprises in the Chinese mainland, the total value of outbound M&A transactions in the first three quarters plummeted by 41.7 percent to 95.9 billion U.S. dollars, compared to 164.5 billion U.S. dollars (291 transactions) registered in the same period of last year, according to the Mergermarket report. (Edited by Hu Pingchao, hupingchao@xinhua.org)
A single purchase
