Outbound M&As expected to continue leading global market

The outbound mergers and acquisitions by Chinese companies are set to continue after the record-breaking growth in the first quarter of the year, despite the broad rising regulatory headwinds, senior executives of US investment bank Goldman Sachs Group said.

Gregg Lemkau, managing director and co-head of global mergers and acquisitions at Goldman Sachs, said that the strategic nature of Chinese outbound acquisitions will continue to lead the global M&A market.

That's despite the fact that transactions have been harder to get done, in particular in the United States and Europe, where some big transactions have been blocked by the regulators for antitrust and tax reasons.