Financial Times Quotes Partner on Chinese M&A Deal Trends

In The News
June 30, 2016

Mergers & acquisitions partner James Lidbury (Hong Kong) was quoted in an article published on June 29 in the Financial Times that discussed how China’s megadeals are failing to offset a slowdown in cross-border M&A deals.

The article noted that “China’s record-breaking demand for overseas assets underpinned cross-border mergers and acquisitions in the first half of the year – but confidence that the country’s corporations can drive further dealmaking has waned after several groups recently dropped out of bid talks at key moments.”

“Chinese buyers are being cautious about selecting their investment targets, but the bigger problem may actually be that sellers are becoming reluctant to deal with Chinese buyers out of fear that they can’t close the deal,” said Mr. Lidbury.