FacebookInstagramTwitterContact

 

BORNEO HOUSING AGENCY: Terrace House in Bengkurong (B$190K, Property Chinese Owned) • Industrial Warehouse in Menglait, Gadong for Rent • Shop house in Gadong (Ground Floor) for Rent • Industrial Shops in Bunut for Sale • Land in Jerudong for Sale • Shop house in Kiulap for Sale (44 years lease, approx 5,000.00 per month rental) • Chempaka Terrace House for Rent (3 bedrooms, B$700.00 per month) • Shop house in Kiarong for Sale (B$380.00) • TEL: +6738732975, +6738839007           >>           Fully furnished office space for rent at Regus Brunei. Call +673-886-2879 or go to www.regus.com.bn           >>           Private Company Urgently Need Houses & Flats for Rent in Bandar Seri Begawan, Kindly Contact the ff. nos. for further information: 242-7623/+673 883-9007           >>           HAPPY EID MUBARAK "Wishing you prosperity and peace on this holy occasion of EID MUBARAK"           >>           Raptai penuh Majlis Ramah Mesra Bersama Rakyat Brunei dan Muara           >>           160 pegawai dan kakitangan Kementerian Pendidikan terima P.K.L           >>           62 murid Sekolah Ugama YSHHB Khatam Al-Quran           >>           Panglima Angkatan Laut Republik Singapura terima anugerah Lencana Perintah TLDB           >>           Persatuan Hotel Brunei beraya bersama Pusat Ehsan           >>           Special Performance Full Rehearsal           >>           Dollar changes hands in upper 111 yen zone in early trade in Tokyo           >>           Australian researchers design new nano device to vastly improve gaming graphics            >>           EU initiative on green finance wins global support of financial sector            >>           China unveils London Athletics World Championships squad            >>          

 

SHARE THIS ARTICLE




REACH US


GENERAL INQUIRY

[email protected]

 

ADVERTISING

[email protected]

 

PRESS RELEASE

[email protected]

 

HOTLINE

+673 222-0178 [Office Hour]

+673 223-6740 [Fax]

 



Upcoming Events





Prayer Times


The prayer times for Brunei-Muara and Temburong districts. For Tutong add 1 minute and for Belait add 3 minutes.


Imsak

: 04:43AM

Subuh

: 04:53AM

Syuruk

: 06:16AM

Doha

: 06:39AM

Zohor

: 12:28PM

Asar

: 03:51PM

Maghrib

: 06:38PM

Isyak

: 07:52PM

 



The Business Directory


 

 



World Business


  Home > World Business


Chinese M&A Scrutiny Helped Void Up To $75 Billion In Deals


 


 March 21st, 2017  |  09:00 AM  |   481 views

CHINA

 

Chinese acquirers are seeing a large number of cross-border deals blocked at home and abroad as a sharp increase in volume makes regulators on both sides of transactions more cautious, Linklaters LLP said in a report Monday.

 

Of the $220 billion deals announced by Chinese acquirers, $40 billion to $75 billion -- or as much as a third of those potential transactions -- were canceled or withdrawn last year, according to the report, citing analyst commentary and press reports. Many were scuppered over concerns relating to national security or interest.

 

The stricter regulations on both sides are largely a reaction to the surge in outbound Chinese investments, Linklaters said. Buyers from the country increased their outbound spending by 15-fold in the last ten years, and more than doubled volume last year, according to data compiled by Bloomberg.

 

Regulators have blocked Chinese buyers from sectors including energy infrastructure, technology and electronics, which are seen to be critical to national security and interests, according to the report.

 

German semiconductor equipment maker Aixtron SE’s planned sale to a Chinese-backed company collapsed in December after the U.S. government opposed the deal. Push-back from the same group, the Committee on Foreign Investment in the U.S., led to the termination of China’s GO Scale Capital’s plans to buy Royal Philips NV’s lighting unit, Lumileds.

 

Chinese lawmakers have also ramped-up scrutiny of outbound investments, with a particular focus on sports and entertainment. The Chinese group buying Silvio Berlusconi’s AC Milan soccer team lost backing from its state-owned partner after regulators in the country stepped up criticism of sports deals, people familiar with the matter said last week.

 

The country’s General Administration of Sports warned in February of the risks around large, irrational overseas investments, including in soccer. Recently, People’s Bank of China Governor Zhou Xiaochuan said some purchases of overseas sports and entertainment assets didn’t fit with the nation’s industrial policy.

 


 

Source:
courtesy of BLOOMBERG

by Sarah Syed

 

If you have any stories or news that you would like to share with the global online community, please feel free to share it with us by contacting us directly at [email protected]

 

Related News


Petronas Remains Committed In CSR Pillars For Sabah

 2017-07-20 06:55:45

Thailand General Jailed For Human Trafficking At Mass Trial

 2017-07-20 07:02:18

Aussie Dollar Gives Reserve Bank A Rate Hike It Doesn't Want

 2017-07-20 07:31:05