In the Chinese construction & real estate industry, there were 37 M&A deals announced in Q2 2023, worth a total value of $1.9bn, according to GlobalData’s Deals Database. The $364.1m majority acquisition of shandong hi-speed transportation construction group by shandong hi-speed road & bridge was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Construction Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in China decreased by 32% in Q2 2023 compared with the previous quarter’s total of $2.8bn and fell by 60% as compared to Q2 2022. Related deal volume increased by 6% in Q2 2023 versus the previous quarter and was 21% lower than in Q2 2022.
For further understanding of GlobalData's Construction Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.