Risks rise for Chinese companies' overseas M&As
By Li Xiang (China Daily) Updated: 2015-02-12 07:27
No 1 COFCO Corp and Hopu Investment Management Co Ltd acquired a 51 percent interest in Noble Agri Ltd, a Hong Kong based wholesaler of agriculture products, from Noble Group Ltd.
Deal value: $4 billion
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Chinese employees serve a visitor at the stand of COFCO (China National Cereals, Oils and Foodstuffs Corporation) during a food exhibition in Shanghai, China, 16 November 2014. [Photo/IC] |
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