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

ENERGY

China Three Gorges to buy German wind park Meerwind from Blackstone—Reuters, 13/6/2016 “China Three Gorges will buy German offshore wind park Meerwind from U.S. buyout firm Blackstone…The terms of the sale were not disclosed but people familiar with the process have told Reuters that they expected it to be valued at around 1.6 billion euros .”

Inbound M&A into China

TMT

ASML to acquire Taiwan’s Hermes Microvision for $3.1 Billion, Bloomberg, 15/6/2016 “ASML Holding NV agreed to buy Taiwan-based Hermes Microvision Inc. for about NT$100 billion ($3.1 billion) to add technology for creating smaller and more advanced semiconductors…ASML is financing its purchase with cash, about 1.5 billion euros ($1.7 billion) of debt and 500 million euros of ASML stock that will be bought by Hermes Microvision’s main shareholder and the Taiwanese company’s executives.”

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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