China energy enterprises increase merger amount

China energy enterprises increase merger amount

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China energy enterprises increase merger amount

Recently, the frequency of merger and acquisition cases shows that Chinese enterprises are accelerating the pace of the layout of overseas resources. February 17, China Minmetals acquisition of Anvil Mining Limited 100 stake at a price of about $ 1.33 billion. At February 2, the national grid spent 387 million Euros bought Portugal's only national energy transmission company National Energy Company (Rene) 25 equity, which became iconic transactions for central enterprises for the first time to enter the European state-controlled Grid Corporation. February 21, the largest case transaction amount in February, CNOOC completed on Tullow in Uganda three exploration areas in the 1/3 interest in the acquisition at the price of $ 1.467 billion.
 In addition, in January this year announced that a total of eight resource mergers and acquisitions business, Jilin Jien Nickel Industry (600,432, stock it) Co., Ltd., China National Petroleum (601,857, stock it), Sinopec, China Gold, China and other large domestic. The company is among them.
From China Venture Investment Group's latest data show that in February of this year, China's M & A market to pick up trend is clearly the case the largest number of which manufacturing, energy and mining, in the transaction size, energy and mining industry topped the list, complete the transaction scale of 12.1 billion RMB, accounting for up to46.
Zero2IPO Group Research Center data show that in February 2012 a total of nine overseas M & A cases, disclosure of the amount of $ 4,652,000,000. These merger cases are mainly distributed in an industry of energy and mineral resources, finance, machinery manufacturing and other six, four of which are distributed in energy and mineral industry. To maintain strong growth momentum in 2011 as a whole, China's overseas M & A market, energy and mineral are the most active industry in the field of overseas mergers and acquisitions, mergers and acquisitions the number of cases was 21, accounting for 19.1 of the total number of overseas M & A cases, an increase of31.3; view the total amount from the amounts disclosed in the mergers and acquisitions, the scale of energy and mineral industry is still the largest, at $ 14.72 billion, accounting for 52.4 of the total amount of overseas mergers and acquisitions, an increase of 63.07.
National People's Congress, Fosun chairman Guo Guangchang "Economic Information Daily" reporters, from a valuation point of view, investment in Europe is indeed a good time. However, to Fosun experience, the choice of investment opportunities can not just look at the price, also need to consider whether the overseas investment to create synergies with the development of the domestic.

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