The ongoing global geopolitical uncertainties, rising interest rates and climbing inflation continue to pose risks to the mergers & acquisition (M&A) deal activity in Q3 2022.

Even though the global deal value saw a 48% year-on-year drop in Q3 2022, China still managed to record 50% growth during the quarter, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, “Mergers and Acquisitions Deals by Top Themes and Industries in Q3 2022,” reveals that a total of 377 M&A deals were announced in China in Q3 2022 with a combined transaction value of $36 billion compared to the 324 deals and a total transaction of $23 billion in Q2 2022.

Priya Toppo, Thematic Intelligence Analyst at GlobalData, comments: “The construction sector dominates the China market with a combined deal value of $9.2 billion, an increase of 54% compared to Q3 2021. China also witnessed one of the 10 mega deals this quarter—Xuzhou Construction acquisition of XCMG for $5.8 billion.”

The report also notes that out of 18 sectors, nine sectors—Aerospace, Defence, and Security (ADS), apparel, construction, foodservice, healthcare, oil & gas, packaging, pharma, and power—have reported a quarter-on-quarter increase in deal value in China and the remaining saw a drop.

Toppo concludes:“China M&A activity during Q3 2022 was mostly driven by themes including online retail, and sustainable construction. China has already started to promote green buildings and the industry is likely to see more transaction activity in the future, especially in different segments like commercial construction, real estate construction, industrial construction, and energy & utility construction.”

About the author | Website

Siam News Network includes top references news sites, Job Board, Business Directory and Classifieds Portal

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Bank of Thailand to loosen yuan usage restrictions

This move is aimed at helping Thai exporters and importers reduce the impact of currency volatility and promote the use of local currencies in bilateral trade.

Toyota Suspends Sales of Yaris Model in Thailand over Safety Test Issue

Approximately 76,000 of those vehicles, according to Daihatsu, were Yaris Ativs, mostly headed for Thailand, Mexico, and the Gulf Cooperation Council.

Thailand Becomes Changan Auto’s First EV Production Base Outside of China

Thailand Becomes Changan Auto’s First Right-Hand Drive EV Production Base Outside of China with 9.8 Billion Baht Investment