China’s companies are expanding overseas. And they’re increasingly doing so through mergers and acquisitions.
But the nation’s companies have not had the best track record in MA. State-owned enterprises, notably, have been big offshore buyers of resources assets, and they have often spent heavily and then struggled to make the deals work.
So how can Chinese companies improve their chances of success FinanceAsia garnered the views of three serial overseas acquirers and advisers on how best to do that. In Part One, we looked at the importance of planning and of starting small.
3 Beware the watchdogs...