China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | November 11, 2016

A Newsletter on Deal making in china

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Source: Bloomberg

Deal News

 

 

Trump Victory Puts Nail in Coffin of China M&A Ambitions
There are two things that M&A bankers hate: protectionism and uncertainty. Donald Trump's unprecedented election win delivered both, and has the potential to slash the number of Chinese companies snapping up American assets.

 

Trump's protectionist rhetoric is no secret, so it stands to reason that U.S. rejections of Chinese transactions will probably increase. That openly hostile view isn't good news for deals that come under review by competition watchdog CFIUS, although HNA Group Co.'s $6 billion offer for computer hardware distributor Ingram Micro Inc. did win approval recently. U.S. lawmakers are also railing against a Ch...

By: ChinaDesk | November 03, 2016

A Newsletter on Deal Making in China

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Deal News

 

China Aluminum Magnate Hits U.S. Senate Hurdle Over Aleris
The ranking Democrat on the Senate Committee on Finance is spearheading an effort to have the U.S. reject a Chinese aluminum entrepreneur’s purchase of Cleveland-based Aleris Corp. on national security grounds.

 

Liu Zhongtian’s Zhongwang USA LLC plans to buy closely held Aleris for $1.11 billion in cash and $1.22 billion in debt, giving one of Asia’s biggest makers of extruded-aluminum products greater access to American and European technology.

 

China Film, Pegasus Launch $100 Million Fund for U.S.-Chinese Movies
China Film Co. and China’s Pegasus Media Group have struck a deal to collaborate on a wide range of film and TV project...