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Private firms take lead in overseas M&As

Updated: 2012-11-14 07:59
By Bao Chang ( China Daily)

State-owned companies' share of total deals abroad declines to 38%, says KPMG report

Private Chinese enterprises, despite having relatively little capital, took part in more overseas mergers and acquisitions than their State-owned counterparts did in the past three quarters.

That helped diversify the country's channels for making outbound direct investments.

Private firms take lead in overseas M&As

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