China's Global Challenges: The Strategic Implications Of Chinese Outbound M&A

Provided by: Boston Consulting Group
Topic: Software
Format: PDF
In the recent years, Chinese companies have burst onto the global mergers-and-acquisitions (M&A) scene. High-profile deals such as the 2003 purchase of Thomson's television business by Chinese television manufacturer TCL, and the 2004 acquisition of IBM's personal-computer business by the Chinese computer company Lenovo, have introduced the world to a new generation of Chinese companies with aspirations to be global competitors. Even unsuccessful mergers such as Haier's failed bid for Maytag (eventually bought by Whirlpool).

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