China M&A Week in Review is SSCO’s weekly summary of deals and key developments in China related Mergers and Acquisitions. Our emphasis is on cross-border deals.

This Week’s Links

Outbound M&A and Investment

No significant deals were reported.

 Inbound M&A into China

AUTOMOTIVE PARTS

Manufacturing Cooper Tire enters China joint venture for truck tire production, Trucking News, 18/1/2016 “Cooper will own 65 percent of the entity, which will be renamed Cooper Qingdao Tire Co., Ltd. (CQT), for about $93 million, including the acquisition and initial investments in the operation. The transaction is expected to close during the first half of 2016 pending certain permits and approvals by the Chinese government.”

Domestic M&A – Notable Deals

FINANCIAL SERVICES

Guangbo Group Stock to issue new shares to acquire company and raise fund, Reuters, 1/19/2016 “Guangbo Group Stock Co., Ltd:To issue 47,396,520 A shares at 22.85 yuan per share and pay $165 million, to Geoswift Holding Limited (BVI) and two Ningbo-based investment companies, in exchange for 100 pct stake in Geoswift Asset Management Limited (BVI).”

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About Stenvall Skoeld & Company

Stenvall Skoeld & Company (SSCO) is an M&A advisory firm with global reach on cross-border transactions. We act as financial advisors to buyers and sellers on mergers, acquisitions, divestitures, capital raises and other strategic and financial transactions and investment decisions. We specialize in cross-border transactions involving Asia, China in particular.

Contact us for more information.

 

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