China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | February 24, 2017

A Newsletter on Deal Making in China | M&A . Investment Banking .VC . PE . Deals

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Deal News

Content Delivery Specialist Goes Global with $186 Million Purchase
Shenzhen-listed Internet services provider Wangsu Science & Technology Co. Ltd. said it has agreed to buy South Korean peer CDNetworks for 21.1 billion yen ($185 million) in a bid to quickly expand its content delivery services outside its home market.

Wangsu is buying about 85% percent of CDNetworks’ shares from KDDI Corp., one of Japan’s leading wireless carriers. KDDI bought its CDNetworks stake in 2011 for $167 million with a similar aim of extending its own global reach by tapping the South Korean company’s network.

 

HNA Buys Controlling Stake in Oil and Gas Dis...

Category: Daily Newsletter 

Tags: Venture Capital, Alibaba, IPO, ChemChina, Ant Financial, Huawei, Anbang, Jack Ma, Hony Capital, Ofo, China Construction Bank, LeEco, Lazada, CIC, Acquisitions, HNA Group, Jia Yueting, Syngenta, Matrix Partners China, CRRC, Retirement Concepts, Private Equity, China M& A, SF Express, CreditEase, IDG Capital, Recon Group, Millennium Films, Noble Group, Softbank, CloudMinds, Sinochem, Fincantieri, Maanshan Dingtai Rare Earth, China M&A News China Newsletter Mergers, Wangsu Science Technology, CDNetworks, Zhejiang Haiyue, ZTE Corp, Tang Ning, AT Zuche, Logan Property Holdings, KWG Property Holdings, China State Shipbuilding Corp, Barcelona, Mission Hill Group, EBay China, CSUN, Victoria s Secret China, Ding Xuedong 

By: ChinaDesk | February 16, 2017

A Newsletter on Deal Making in China | M&A . Investment Banking .VC . PE . Deals |

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Deal News

 

Belt and Road deals hit $494b
The value of capital projects and M&A deals in seven core infrastructure sectors across the 66 economies in the Belt and Road Initiative reached nearly $494 billion in 2016 and China contributed one-third of the total value in the period, according to PricewaterhouseCoopers. The total capital project value had increased by 2.1 percent to $401.3 billion last year while the total M&A deal value plunged by 48.7 percent to $92.5 billion in the same period.

 

PwC expect that mainland investors are likely to be more prone to invest in capital projects while remaining on the sidelines at the M&A de...