China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | January 20, 2017

A Newsletter on Deal Making in China


Deal News 


China's Oceanwide, IDG Capital to buy tech publisher IDG
International Data Group, the owner of PCWorld magazine and market researcher IDC, on Thursday said it was being acquired by China Oceanwide Holdings Group and IDG Capital, the investment management firm run by IDG China executive Hugo Shong.


It is the latest technology and media asset to be sold to Chinese investors, following deals for U.S. companies last year such as television producer Dick Clark Productions, and customer satisfaction firm J.D. Power and Associates. Terms of the deal were not disclosed. Reuters previously reported that IDG was seeking around $1 billion.


Innotech targets Asia with US marketi...

By: ChinaDesk | September 24, 2016

A Newsletter on Deal Making in China


Deal News

Sony unit, Dalian Wanda in tie-up to tap China’s huge movie market

Chinese conglomerate Dalian Wanda Group will market Sony Pictures' films and co-finance some upcoming movie releases of Sony Corp's film unit in China, which is forecast to become the world's top movie market as soon as next year.

Wanda said in a statement on its website the tie-up would use its consumer-facing infrastructure to bolster Sony Pictures' presence in China.The alliance will help Wanda extend its Hollywood footprint and further Wang's goal of making the group a global entertainment powerhouse. Sony will benefit from smoother distribution and playback of its films in China and Wanda will be able to further integrate into ...

By: ChinaDesk | September 23, 2016

A Newsletter on Deal Making in China


Deal News

China’s Capital Outflows Via M&A Are a Big Concern, Regulator Says

China‘s forex regulator acknowledged that it has found Chinese firms and individuals moving assets overseas via mergers and acquisition deals, but officials said pressure on capital outflows is easing.

“In the past year we found some Chinese firms and individuals moving assets overseas via outbound investment, this is certainly a key area of concern for us,” Guo Song, an official with the State Administration of Foreign Exchange (SAFE) told a Beijing news conference on Thursday.

But he said no “large-sized” capital outflow via fake trade deals has been detected by the supervision body so far, and China will keep up pres...