HONG KONG -- The value of China's first-half M&A transactions fell to the lowest level since 2014 while the number of "megadeals" dropped by half with little hope for a quick rebound, PwC said in a report Wednesday.
Business deals
China first-half M&A deals value falls to lowest since 2014
Number of 'megadeals' topping $1 billion drops by half from previous six months
A Chinese state-owned enterprise backed consortium earlier this year announced a $15.5 billion acquisition of Saudi Arabian gas storage company Aramco Gas Pipelines. © Reuters
Read Next
_2048x1152.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Business deals
