日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

French assets attract Chinese attention

(Agencies) Updated: 2015-01-13 08:08

The proposed $1.3 billion takeover of Club Mediterranee SA by billionaire Guo Guangchang and investors in December marked the busiest year for takeovers of French companies by Chinese suitors to date.

The offer for the Paris-based resort operator lifted the tally of Chinese companies buying French targets in 2014 to 13 separate deals worth a total of $4 billion-both measures at the highest level in at least a decade, according to data compiled by Bloomberg.

The takeover also marks the largest amount paid by a Chinese suitor to take control of a French company in that period.

Fosun International Ltd edged out Italian billionaire Andrea Bonomi in a protracted battle for the luxury vacation organizer, completing what had become the longest takeover battle for a French asset. Fosun has used its funds from insurance policy sales to branch out into fashion, property and filmmaking, in part emulating a strategy by US investor Warren Buffett, according to Chief Executive Officer Liang Xinjun.

France's struggle to emerge from recession may also mean targets there promise better value than in other regions.

"Chinese companies are seeing opportunities to invest in France, where there are good assets at a lower price due to the crisis," said Ying Zhang, associate dean for China Business and Relations at Rotterdam School of Management, Erasmus University, Rotterdam, the Netherlands.

"Germany and the United Kingdom still remain the most preferred markets for Chinese companies, but France is catching up quickly."

Unemployment in France in the third quarter of 2014 was 10.4 percent, its highest rate in 16 years, while industrial production declined for a second month in November. Chinese deals announced in Germany last year stood at 32, more than twice the number in France, and at 40 for targets in the UK, the data show.

Fosun, which also owns European fashion labels, New York's One Chase Manhattan Plaza and backs the Studio 8 filmmaker, announced 11 acquisitions last year for $23.1 billion, according to data compiled by Bloomberg, four of which have been completed.

The Chinese group last year agreed to buy US property-casualty insurer Meadowbrook Insurance Group Inc for $433 million, an 80 percent stake in the insurance unit of Portugal's Caixa Geral de Depositos SA for about 1 billion euros ($1.2 billion), and 20 percent of specialty commercial insurer Ironshore Inc for about $460 million.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产永久免费视频 | 久久久久网站 | 国产在线视频一区二区三区 | 免费黄色网址在线观看 | 亚洲综合色网 | 强制高潮抽搐sm调教高h | 来射吧 | 日韩视频在线免费观看 | 成人观看视频 | 在线免费中文字幕 | 国产刺激对白 | 国产a免费 | 国产一区二区在线看 | 永久免费av网站 | 欧美一级爱爱 | 99精品欧美一区二区三区综合在线 | 成 人 黄 色 片 在线播放 | 成人午夜视频在线播放 | 男人午夜视频 | 香蕉视频在线看 | 国产乱妇4p交换乱免费视频 | 亚洲成av人影院 | 亚洲a v网站| 少妇高潮一区二区三区99 | 91精品在线观看视频 | 久久久亚洲成人 | 日韩国产欧美精品 | 亚洲成人av免费观看 | 天天狠狠| 91美剧| 成人高潮免费视频 | 欧洲天堂网| 成人免费看片视频 | 成人国产在线 | 毛片av网站| 五月婷婷丁香激情 | 91在线精品一区二区三区 | 一级黄色大毛片 | 欧美激情第二页 | 午夜小视频在线 | 日韩永久免费视频 |