Emerson acquires China' Huawei subsidiary in historic deal

Emerson''s acquisition of privately-owned Huawei Technology''s subsidiary, Avansys Power, for $750 million could be the dawn of western style M&A in China.


Through a stock deal, America's Emerson Network Power has acquired 100% in Avansys, a telecom and data power conversions provider, and a 100% owned subsidiary of Shenzhen-based Huawei Technologies for $750 million in cash, in the largest MA deal between a private Chinese company and a foreign investor to date. 

Neither JP Morgan which advised Emerson and Morgan Stanley, which advised Huawei, commented on the deal, possible because not all the regulatory issues have been sorted out....

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