Fosun International shifted focus towards China’s domestic market in its latest acquisition, paying HK$6.6 billion (US$844 million) to buy Asahi Group Holdings’ stake in Tsingtao Brewery in December 2017. Fosun, one of China’s biggest buyers of overseas assets, maintains its corporate headquarter in Shanghai. Photo: Bloomberg

China’s biggest overseas acquirers to face tightened deal scrutiny by Beijing

The new directive published by the Ministry of Commerce shows closer scrutiny on overseas mergers and acquisitions worth at least US$300 million

Topic |   Chinese overseas

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Fosun International shifted focus towards China’s domestic market in its latest acquisition, paying HK$6.6 billion (US$844 million) to buy Asahi Group Holdings’ stake in Tsingtao Brewery in December 2017. Fosun, one of China’s biggest buyers of overseas assets, maintains its corporate headquarter in Shanghai. Photo: Bloomberg
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