News Snapshot:
M&A deals have reached US$35.9 billion mergers this quarter through September 25, a 102 per cent jump over the preceding quarter CP Pokphand Co’s US$4.1 billion proposal to buy 43 related companies involved in mainland pork-related business is the biggest deal Mergers and acquisitions have more than doubled so far this quarter from the preceding three months, while concerns surrounding US-China economic decoupling could drive even more deals in the final months of 2020. Hong Kong-based businesses have stepped up their merger and acquisition (M&A) deals this quarter by latching on to economic recovery in mainland China, suggesting beaten-down asset...
