chinas top 10 overseas acquisitions
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

China's top 10 overseas acquisitions

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice China's top 10 overseas acquisitions

Chinese companies
Beijing - AFP

Chinese companies buying spree of overseas assets have made world headlines as Beijing encourages entrepreneurs to acquire foreign resources and technologies, market share and management expertise while domestic economic growth slowed.

Slumping global commodity prices since 2014 and the falling value of the euro have made their prey even cheaper.

Here are the 10 biggest overseas acquisitions by Chinese companies by value, with debt excluded, according to figures from international financial data provider Dealogic:

$43 billion: State-owned China National Chemical Corporation (ChemChina) offers to buy Swiss pesticide and seed giant Syngenta (LSE: 0QOP.L - news) on Wednesday

$15.2 billion: Chinese oil behemoth CNOOC (HKSE: 0883.HK - news) acquires Canada's energy company Nexen (KSE: 005720.KS - news) in a deal completed in 2013

$14.3 billion: State-owned aluminium firm Chinalco buys a minority shareholding in Anglo-Australian mining group Rio Tinto (LSE: RIO.L - news) in 2008

$8.8 billion: State-run investment firm China Cinda Asset Management announces in December it would take over Hong Kong's Nanyang Commercial Bank

$7.9 billion: ChemChina acquires Italian tyremaker Pirelli last year

$7.3 billion: Refiner Sinopec buys Swiss oil exploration company Addax Petroleum in 2009

$7.1 billion: Sinopec (HKSE: 0386-OL.HK - news) purchases 40 percent of Spanish energy giant Repsol (Amsterdam: RP6.AS - news) 's Brazilian operations in 2010

$7.0 billion: A Chinese consortium led by state-owned mining giant China Minmetals Corp buys Glencore Xstrata's Las Bambas copper mine in Peru in 2014

$5.6 billion: China sovereign wealth fund China Investment Corp purchases 9.9 percent of US investment bank Morgan Stanley (Xetra: 885836 - news) in 2007

$5.5 billion: Industrial & Commercial Bank of China, the country's biggest lender, acquires a 20 percent stake in South Africa's Standard Bank in 2007

Note (Stockholm: NOTE.ST - news) : Pork producer WH Group (HKSE: 0288-OL.HK - news) , formerly known as Shuanghui International Holdings, bought Smithfield Foods of the US for $4.7 billion in 2013. With (Other OTC: WWTH - news) debt included, the deal was worth $7.1 billion.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chinas top 10 overseas acquisitions chinas top 10 overseas acquisitions

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chinas top 10 overseas acquisitions chinas top 10 overseas acquisitions

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 03:30 2014 Thursday ,30 October

SodaStream to close controversial West Bank plant

GMT 14:56 2017 Thursday ,28 September

Canada blasts Boeing, warns US jobs at stake

GMT 19:40 2018 Saturday ,20 January

IS poses threat to Iraq one month after 'liberation'

GMT 10:22 2012 Friday ,10 August

Mahrazyah Obeidi receives threats

GMT 17:59 2012 Friday ,07 September

3 killed in Libya clashes over shrine

GMT 23:35 2017 Sunday ,12 November

US-Saudi warplanes hit Hodeida

GMT 00:55 2012 Thursday ,26 July

Jerusalem Fest looks to Italy

GMT 12:41 2011 Tuesday ,21 June

India state leader cries foul over rape outrage

GMT 06:37 2014 Wednesday ,21 May

\'Guardians of the Galaxy\' debuts new trailer

GMT 01:56 2017 Saturday ,27 May

CDD responds to 231 various incidents
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice