China mergers & acquisitions playbook
Your reference guide to planning and executing deals 2011 edition
The five years since Deloitte first launched its China M&A Playbook in 2006 have certainly been momentous. Few then, would have been able to forecast both the near-collapse of the global economy and the increasing presence China would come to play on the world-stage. Nonetheless, this is precisely what has occurred and the country's M&A markets have surged as a result, with inbound investments into China over the past four quarters (H2 2010-H1 2011) remaining consistent with deal volumes at the height of the 2007 buyout boom, and outbound acquisitions more than doubling over the same two periods.
However, deal-making in today’s volatile climate is anything but easy, with potential bidders having to prepare thoroughly as well as utilize prior deal-making experience where they can, in order to overcome the many obstacles that impinge on a satisfactory deal outcome. With this in mind, Deloitte has produced a China M&A playbook which will serve to enlighten and illuminate its readers on doing a deal in China.