China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | May 07, 2017

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

chemchina_syngenta_m&a_news_china_newsletter_mergers_acquisitions_dealbook_investment_banking

Deal News


ChemChina clinches landmark $43 billion takeover of Syngenta
ChemChina has won more than enough support from Syngenta shareholders to clinch its $43 billion takeover of the Swiss pesticides and seeds group, the two companies said on Friday.

The trend toward market consolidation has triggered fears among farmers that the pipeline for new herbicides and pesticides might slow. Regulators have required some divestments as a condition for approving the Syngenta deal. The other deals in the sector are a $130 billion proposed merger of Dow Chemical and DuPont, and Bayer's plan to merge with Monsanto.


Meanwhile China has conditionally approved the pr...

Category: Daily Newsletter 

Tags: Baidu, Alibaba, IPO, ChemChina, Ant Financial, Anbang, Vanke, Xiaomi, Tencent, Hony Capital, Lufax, SAFE, Didi Chuxing, meituan dianping, Ctrip, Temasek, Bona Filim, Baoneng Group, HNA Group, Santos, Deutsche Bank, PBOC, Syngenta, Matrix Partners China, CRRC, China Renaissance, Fidelity International, CDH Investments, Yingde China, CreditEase, IDG Capital, LeSports, Hillhouse Capital, Foxconn, Yunfeng Capital, MoneyGram, China Oceanwide, Genworth, JD com, PAG Asia Capital, Momo, Sinohydro, MakeMyTrip, CEFC China Energy, Welight Capital, PingAn, CBRC, BGI Genomics, Haier Capital, Zhengzhou Coal Mining, Robert Bosch, COFCO, LongiTech Smart Energy, Belle International, Go-Jek, Tokopedia, Romaco, Truking, Tencent Music, Youon Bike, Haidilao, Jushenghua, China MerchantsSecurities, Nav, Jumei, Ankerbox, Cheetah Mobile, Evolution Media China Gobi Partners, China Rapid Finance, Broadline Capital, Huochebang, Wuxi NextCODE, Congenica, Jin Jiang International, Canaan, Transwrap Technology, China Minsheng Investment Group, Loch Lomond Group, Wu Xiaohui, Robin Li, Shenyang Machine Tool 

By: ChinaDesk | February 23, 2017

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

anbang_british_columbia_retirement_concepts_cedar_tree_investments_canada_china_dealbook_m&a

Deal News

Canada approves sale of retirement home chains to Cedar Tree Investment (Anbang)
The Trudeau government has green-lighted the sale of one of British Columbia’s biggest retirement home chains to a Beijing-based insurance titan with a murky ownership structure in a deal that gives China a foothold in Canada’s health-care sector.

 

On paper, a majority stake in Vancouver-based Retirement Concepts – believed to exceed $1-billion in value – is being sold to a Chinese-owned company called Cedar Tree Investment Canada. However, Cedar Tree is the company that China’s Anbang Insurance is using to make the acquisition.

 

Congo Said to Get $100 ...

By: ChinaDesk | February 16, 2017

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

china_obor_m&a_deals_one_belt_one_road_2016_dealbook

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...

By: ChinaDesk | January 13, 2017

A Newsletter on Deal Making in China

China_vanke_China_Resources_Shenzhen_Metro_Dealbook

Deal News


China Vanke's No. 2 shareholder sells stake to Shenzhen Metro amid power tussle

Property developer China Vanke, embroiled in a high-profile corporate power tussle for over a year, said on Thursday its No. 2 shareholder China Resources Group will sell its entire 15.31 percent stake to Shenzhen Metro Group. The transaction is estimated to total 37.2 billion yuan ($5.40 billion).

 

It was not immediately clear if such a move would help Vanke fend off its biggest shareholder, financial conglomerate Baoneng which has built up a 25 percent holding and has sought to oust management. It would also fall short of a previous Vanke plan to make Shenzhen Metro its No. 1 shareholder through an asset s...

By: ChinaDesk | September 28, 2016

A Newsletter on Deal Making in China

evergrande_group_sells_food_beverage_deal_china_real_estate

Deal News

Evergrande Sells Food, Beverage Units to Focus on Real Estate
China Evergrande Group, one of China’s most-indebted developers, agreed to sell three food and beverage units for 2.7 billion yuan ($405 million) to focus on real estate. The builder, controlled by billionaire Chairman Hui Ka Yan, will sell its spring water business for 1.8 billion yuan, its grain and oil venture for 600 million yuan and its dairy unit for 300 million yuan. The sales will enable the firm to focus on real estate development and other related business


China's Dongbei Special Steel makes revival plan after defaults
Dongbei Special Steel Group, the struggling Chinese steelmaker, has ironed out a business revival plan, ...