Asian Interest in European Chemical Firms
The chemical industry is a highly international sector with activity dominated by cross border transactions. Chinese and other Asian firms have been particularly busy expanding their global footprint and taking advantage of the quality assets for sale.
Globally, Mergermarket shows that deal value more than tripled to $31 billion in Q3 2018 compared to the same period in 2017, while the average deal size for Q3 2018 increased by more than 10% from its two-year historical average of $216 million. North America continued to be the main target region although Asian companies are beginning to shift their attention to Europe.
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