Business / 2015 Top 10

Top 6 outbound M&A deals by Chinese companies in H1 2015

By Sun Chengdong (chinadaily.com.cn) Updated: 2015-06-26 06:47

No 2 A consortium led by GO Scale Capital of China agreed to acquire a 80.1 percent interest in LED Components and Automotive Lighting Businesses of Philips

A consortium led by GO Scale Capital of China agreed to acquire a 80.1 percent interest, in LED Components and Automotive Lighting Businesses (Lumileds) of Koninklijke Philips Electronics NV (Philips), an Amsterdam-based manufacturer and wholesaler of electronic products, for an estimated $2.9 billion.

Transaction value: $2.9 billion

Top 6 outbound M&A deals by Chinese companies in H1 2015

Philips CEO Frans van Houten holds a personal wireless lighting system which can be operated with a smart phone, as he poses for .graphers prior to a press conference in Amsterdam, Netherlands,  Jan 29, 2013. [Photo/IC]

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