Cindat Capital Management and Oaktree Capital Management have jointly acquired 30 South Colonnade, in London’s Canary Wharf, from HNA Group. Photo: Handout

Chinese asset buyers unfazed by Brexit drama show strong interest in acquiring British companies

  • Chinese companies Tencent, Fosun and Cindat have closed deals or are in the process of making investments in the UK in the last few weeks
Topic |   Banking & Finance

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Cindat Capital Management and Oaktree Capital Management have jointly acquired 30 South Colonnade, in London’s Canary Wharf, from HNA Group. Photo: Handout
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Heinken last year acquired a 40 per cent stake in CRH Beer, the maker of Snow Beer, for US$3.1 billion. Photo: One Red Eye

China has become the happy hunting ground for European asset shoppers as trade war drags on, saps US acquisitions

  • The number of deals involving European firms in China increased by 32 per cent to 49 last year, while value jumped 856 per cent to US$9.94 billion.
  • Heineken’s 40 per cent stake in CR Beer for US$3.1 billion was one of the biggest inbound investments from Europe last year
Topic |   Mergers & Acquisitions

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Heinken last year acquired a 40 per cent stake in CRH Beer, the maker of Snow Beer, for US$3.1 billion. Photo: One Red Eye
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