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2012, May 22

China Aims for Faster Review of M&A Proposals

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China Aims for Faster Review of M&A Proposals

by CFO Innovation Asia Staff, 29 December 2011
topics:
Finance and Banking Mergers and Acquisitions
tags:
M&A mergers and acquisitions
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The Chinese government is studying how to improve methods and work efficiency next year to shorten the time for evaluating merger and acquisition proposals, reports Reuters.

 

Shang Ming, head of the anti-trust division of the ministry, notes that a slowdown in business expansion have pushed companies towards increasing sales through M&A deals. The ministry had received 194 applications for M&A deals from domestic and foreign companies between January and mid-December, up 43 percent from a year earlier.

 

Quoting Shang, Reuters reports that the ministry had finished vetting 160 cases, with 94 percent of them being approved.

 

 

MORE ARTICLES ON MERGERS AND ACQUISITIONS

 

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Beijing eyes faster vetting of M&A proposals in 2012
Orignal Author: 
CFO Innovation Asia Staff
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