China Tops List of Largest Chemical M&As, Makes up 24% of All Deals, A. T. Kearney Says

Yicai

2017-03-28

(Yicai Global) March 28 -- The total value of mergers and acquisitions in the global chemical industry will top USD300 billion this year, A. T. Kearney forecast, adding that China has become the largest country of origin for chemical M&As worldwide.

Four pending mega deals -- Dow-Dupont, Bayer-Monsanto, ChemChina-Syngenta and Praxair-Linde -- represent 75 percent of the estimated USD300 billion, each worth between USD40 billion and USD70 billion. The deals will be two to three times larger than any single deal in the past 10 years, the Chicago-based consultancy said in its latest Chemicals Executive M&A Report released today.

China has steadily increased its share of global deals to become the number one country in chemical mergers and acquisitions, making up 24 percent of transactions worldwide.

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