AmCham Shanghai held a briefing on China Outbound Acquisition on October 19 discussing Chinese firms’ acceleration of outbound acquisitions across different industries. The keynote speakers for the event were Stella Yuan, Ernst and Young partner, Jerry Lou, founder of Everpine Capital, and Harry Spencer, consultant at Interfoot.
Stella Yuan discussed the overall environment of China’s outbound acquisitions regarding different industries participating in M&As, differences between private-owned enterprises and state-owned enterprises, and post deal integration. Jerry Lou followed up with his experiences while at Morgan Stanley and more recently during his founding of Everpine Capital. Lou also discussed his ideas on the future trends of Chinese M&As. Harry Spencer honed in on more industry-specific M&A regarding individuals and companies acquiring, sponsoring and investing in football clubs.
Participants during the Q&A session inquired about topics ranging from international M&As successes and failures as compared to those of Chinese M&As and the recent Syngenta M&A with ChemChina, to companies buying up football clubs.