Chinese buys of European firms up 40 percent
By Angus Mcneice in London | China Daily | Updated: 2016-12-03 07:31
Germany leads with 34 deals; e-commerce, financial services, high-tech companies attract investors
Chinese dealmakers have completed 170 European acquisitions worth $90 billion so far this year, according to analysis by UK business advisory firm Deloitte.
That is 40 percent up on 2015 when 122 deals were finalized. Deloitte's analysis, which covers the period to Nov 22, did not include last month's announcement that Chinese online travel company Ctrip is buying UK-based travel search company Skyscanner for $1.75 billion.
Photo