Mining for growth: A review of outbound mining M&A activity from China |
Significantly, more than half of China’s oil is now imported and this trend looks set to continue, particularly since no new domestic exploration projects are planned to come online in the foreseeable future. This will likely spur deal-making as Chinese National Oil Companies (NOCs) seek to secure the supply of upstream assets through M&A, rather than buy inputs from global spot markets. To assist all involved with this market, Deloitte China and Mergermarket have put together a comprehensive survey detailing the major issues in this sector and how best to deal with them.
Mining for growth: A review of outbound mining M&A activity from China
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