AT&T’s acquisition of Time Warner was the biggest deal of 2016, at US$85.4 billion. Photo: EPA

Record year for China’s outbound M&A as it overtakes US for the first time

Cross-border deals by Chinese companies may have peaked as Beijing tightens capital controls to ease depreciation pressure on the yuan, analysts say

Topic |   Mergers & Acquisitions

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AT&T’s acquisition of Time Warner was the biggest deal of 2016, at US$85.4 billion. Photo: EPA
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