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Biz: Chinese companies' M&A plans that went off course

As of Dec 15, Chinese companies completed 4,018 merger and acquisition deals worth 1.51 trillion yuan ($236 billion), compared with the previous year's 2,998 deals worth 1.7 trillion yuan, Xinhua News Agency reported, citing data from information service provider Wind. But Chinese companies also suffered setbacks, like the latest Ant Financial-MoneyGram deal, which were torpedoed by foreign regulatory reviews, obstacles to post-deal integration, language barriers, cultural differences or other factors. Visit our website to look at some failed outbound M&A plans.