M&A deals decrease in April
Updated: 2013-05-06 20:02
(chinadaily.com.cn)
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There were 65 deals completed in the Chinese mergers and acquisitions market in April with a revealed investment amount totaling $2.5 billion, down 50.8 percent year-on-year, according to a Zero2IPO Group report released on Monday.
The report said the decrease was because fewer overseas M&A deals were made in April compared with the same period last year.
The property sector continued to be popular in April for M&A deals with 9 deals completed. In the first quarter, 25 deals were made in the property sector, making it the most active sector.
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