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

TRAVEL & TOURISM

China’s Jin Jiang raises AccorHotels stake to 5.5 pct – Reuters, 1/2/2016  “Feb 1 Shanghai Jin Jiang International has raised its stake in French hotel group AccorHotels to 5.50 percent, becoming its second-largest shareholder, according to a regulatory filing.The Rubyrock Capital Company Limited, an entity controlled by Jin Jiang, made the stock purchase on the market on Jan. 25, the AMF stockmarket watchdog said in the Jan. 29 filing.”

AccorHotels boss sees China’s Jin Jiang stake rise as friendly – Reuters, 3/2/2016 “Feb 3 AccorHotels on Wednesday welcomed as friendly a move by Shanghai Jin Jiang International to become top shareholder in Europe’s largest hotel group…AccorHotels has also been investing, announcing a cash-and-share deal worth $2.9 billion in December to buy FRHI Holdings Ltd.”

 ENERGY

Beijing Enterprises to Buy EEW as China Increases Takeovers – Bloomberg, 4/2/2016 “Beijing EnterprisesHoldings Ltd., the state-controlled beer to energy conglomerate, is buying EEW Energy from Waste GmbH for 1.4 billion euros ($1.6 billion) as China extends its acquisition spree…Beijing Enterprises shares, which were halted from trading in Hong Kong pending the announcement, last traded at HK$38.05, valuing the company at HK$48.8 billion ($6.3 billion).”

 ENTERTAINMENT

China’s Dalian Wanda Group to Invest in France’s Europa City – CBN, 6/2/2016 “China’s Dalian Wanda Group Co. is planning to make big investments in France, sources said on Thursday. The Chinese entertainment and real-estate conglomerate is aggressively targeting foreign acquisitions in an attempt to continue business growth amid a slowdown in China.”

Inbound M&A into China

No significant deals were reported.

Domestic M&A – Notable Deals

No significant deals were reported.

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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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