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

TMT

Bilfinger to sell Water Technologies division to China’s Chengdu Techcent Environment Group – World Pump, 8/2/2016“The Bilfinger Water Technologies division has about 1600 employees and had a turnover of approximately €300 million in 2015… Bilfinger will receive net proceeds of approximately €200 million from the sale of its Water Technologies business.”

Chinese Group Bids $1.2 Billion for Company Behind Opera Web Browser – New York Times, 10/2/2016 “A group of Chinese investors sees $1.2 billion worth of potential in the world’s sixth-place Internet browser. The group, which includes a Chinese private equity firm and two upstart Chinese technology companies, said on Wednesday that it had offered to acquire the Norwegian company behind the Opera web browser.”

Alibaba Gets New Learning Opportunity With 5.6% Stake in Groupon – Bloomberg,12/2/2016 “Alibaba Group Holding Ltd. bought 33 million shares of Groupon Inc., making it the fourth-largest shareholder in the online deals website that has lost 86 percent of its value since going public more than four years ago.”

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, capita

 

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