A station worker in face mask and goggles waiting to check passengers’ tickets at Beijing railway station. Travel restrictions are in place across much of China as authorities battle to contain the coronavirus. Photo: APA station worker in face mask and goggles waiting to check passengers’ tickets at Beijing railway station. Travel restrictions are in place across much of China as authorities battle to contain the coronavirus. Photo: AP
A station worker in face mask and goggles waiting to check passengers’ tickets at Beijing railway station. Travel restrictions are in place across much of China as authorities battle to contain the coronavirus. Photo: AP

China’s M&A activity will rebound in second half as some dealmakers press on despite coronavirus restrictions, says PwC

  • While deals are seen dropping sharply in the first half, some private equity buyers are still negotiating with sellers despite travel restrictions, cities in lockdown
  • China’s total M&A deal value fell 14 per cent in 2019 to US$559 billion, the lowest in five years, driven primarily by a sharp 37 per cent drop in outbound transactions, according to data released by PwC on Thursday
Topic |   Mergers & Acquisitions
A station worker in face mask and goggles waiting to check passengers’ tickets at Beijing railway station. Travel restrictions are in place across much of China as authorities battle to contain the coronavirus. Photo: APA station worker in face mask and goggles waiting to check passengers’ tickets at Beijing railway station. Travel restrictions are in place across much of China as authorities battle to contain the coronavirus. Photo: AP
A station worker in face mask and goggles waiting to check passengers’ tickets at Beijing railway station. Travel restrictions are in place across much of China as authorities battle to contain the coronavirus. Photo: AP
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