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
Trina Solar signs MoU for $518m fab in India’s Andhra Pradesh–PV Magzine, 18/11/2015 “Trina Solar confirmed to pv magazine that it had signed a framework agreement with a partner in India to develop a 2 GW solar cell and module manufacturing facility in the country. That partner is believed to be Welspun Energy, which will work with Trina on the development of the $500 million fab.”
Chinese government investing in Niagara Falls, Ont., project–Buffalonews, 19/11/2015 “China’s official state-sponsored international investment company has pledged to invest at least $100 million into a billion-dollar-plus development in Niagara Falls, Ont…Now CITIC is pursuing a path of more overseas investment, and the Niagara Falls project is part of that new Invest Abroad initiative.”
CRRC, the World’s Largest Railway Transportation Supplier, Selects Gilat to Bring Satellite Connectivity to All Its Trains, Worldwide–Nasdaq, 19/11/2015 “China Railway Rolling Stock Corporation Ltd. (CRRC), the world’s largest railway transportation supplier and Gilat have agreed on a long-term strategic partnership, to jointly drive the development of satellite communications and managed services, and provide the best-in-class service in the global railway transportation sector.”
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.