Exclusive outtakes from industry leaders
Investment bankers have been saying that there are only two
things you need to know when it comes to Asia M&As — China and
Is this still the case after Rio Tinto walked away from
Chinalco’s $19 billion proposal earlier this year?
A noticeable rise has been seen over the last 12 to 18 months
in China-related mergers and acquisitions, particularly Chinese
firms moving on overseas targets, Philip Partnow, a senior banker
with UBS Securities, said at the Reuters China Investment Summit.
“My personal view is it’s a very interesting and exciting
area,” said Partnow, deputy head of UBS’s investment banking
department in China. “There’s a lot of activity.”