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China's M&A deals tipped to rebound in 2013

Updated: 2013-01-31 07:42
By Cai Xiao ( China Daily)

Domestic and foreign-inbound mergers and acquisitions deals by strategic investors fell to a five-year low last year, but activity will rebound in 2013, international accounting firm PricewaterhouseCoopers said.

Last year, 2,953 M&A deals were made by domestic and foreign strategic buyers in China and their value totaled $97.1 billion, down 28 percent year-on-year, according to a report released by PwC on Wednesday.

Overall, there were 4,115 M&A deals related to the Chinese market totaling $199.5 billion, down 9 percent year-on-year.

China's M&A deals tipped to rebound in 2013

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