FacebookInstagramTwitterContact

 

BORNEO HOUSING AGENCY: Shop House in Seria Town • 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 Kiarong for Sale (B$380.00) • TEL: +6738732975           >>           Private Company Urgently Need Houses & Flats for Rent in Bandar Seri Begawan, Kindly Contact the ff. nos. for further information: +673 222 0178/+673 873 2975           >>           All 8 extreme childhood food allergies are also common ingredients in CDC-recommended vaccines… coincidence?           >>           Dancing With the Stars' Debbie Gibson Gets Emotional in First Big Performance Since Lyme Disease Diagnosis           >>           Woman reveals secret to living to 111 is a shot of whisky a night           >>           Wall Street's Bond Gurus Have the Fed's Balance-Sheet Unwind All Wrong           >>           Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle           >>           The Bitcoin Rally Is Back           >>           Wages Rising Just A$3 a Year Leaves Aussies Snared In Debt Trap           >>           News that hostaged Marawi priest is finally free welcomed           >>           Rakhine Committee to Visit Maungdaw           >>           Man apprehended for murder of Japanese couple in Bali           >>          

 

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


SENTRAL CUP BASKETBALL CHALLENGE
September 17th, 2017 | 14:00 PM


Jublie Emas Baginda Sultan dan Yang Di-Pertuan Negara Brunei Darussalam
October 5th, 2017 | 08:00 AM


Brunei Salebration
November 23rd, 2017 | 09:00 AM


School Camping Holiday
December 1st, 2017 | 00:00 AM


Creative Arts Festival
December 1st, 2017 | 00:00 AM





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

: 06:11AM

Doha

: 06:33AM

Zohor

: 12:16PM

Asar

: 03:20PM

Maghrib

: 06:19PM

Isyak

: 07:29PM

 



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  |   530 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


‘Rumours of Lajim Ukin rejoining Umno not true’

 2017-09-19 09:04:21

Students sent home from Indonesian Islamic school linked to child fighters

 2017-09-18 10:49:57

Wall Street's Bond Gurus Have the Fed's Balance-Sheet Unwind All Wrong

 2017-09-19 09:57:08