Let's take a look at the cases compiled by Yijie. com:

Glory and dreams: Looking back on the top ten cross-border M&A transactions of China enterprises in p>2114

1. Hony Capital, a subsidiary of Legend Holdings, announced that it would spend about 911 million pounds (about 9.55 billion yuan) to acquire the British restaurant brand PizzaExpress, and will be in the future.

reason for selection: this transaction has become the largest merger in the European catering industry in the past five years.

2. Dark Horse Anbang Insurance Won waldorf in new york

On October 6, 2114, Anbang Insurance and Hilton Hotels Group * * * both announced that Anbang spent $1.95 billion to acquire new york waldorf Building at 49-51 Park Avenue in Manhattan, new york. Interestingly, not long ago, Alibaba chose waldorf for roadshow before listing on NYSE, so the hotel is familiar to China people.

reason for being selected: in terms of amount, this is one of the most typical and largest cross-border M&A transactions of insurance companies in China.

3. China Life's trip to London

In June p>2114, China Life Insurance and sovereign fund Qatar Holding Company jointly announced the acquisition of London landmark skyscraper-11 Upper Bank Street Building at Canary Wharf for a total price of 795 million pounds (about 8.4 billion yuan). Upon completion of the transaction, China Life will hold 71% of the equity of 11 Upper Bank Street Building, and Qatar Holdings will hold 21% of the equity.

reason for selection: this transaction is the largest cross-border acquisition of real estate by China enterprises last year.

4. Fosun acquired CSS

In early 2114, Fosun International successfully acquired 81% of the shares of Caixa Seguros (CSS for short), a subsidiary of Portugal's state-owned bank Portugal Savings Bank, for a price of 1 billion euros. In 2114, Fosun's cross-border acquisition exploded after years of brewing, involving many industries and fields such as finance, medical care and retail, and this was the largest investment.

reason for selection: the biggest cross-border M&A transaction in China's financial sector in 2114.

5. Lenovo acquired Motorola

On October 31, 2114, Lenovo announced that it would acquire Motorola Mobility for $2.91 billion. This is another major international development measure after Lenovo acquired IBM PC business. It remains to be seen whether Motorola can grow old trees and open new flowers after climbing Lenovo, a new owner.

reason for selection: this transaction is the largest transaction amount in the cross-border M&A of TMT industry in China in 2114, and it ranks second even in the cross-border M&A transactions of various industries in China, second only to the acquisition of Las Bambas by Chinalco Mining.

6. Canadian acquisition of CNPC

On June 21th, 2114, COG Acquisition Co, an indirect wholly-owned subsidiary of China Petroleum Gas Group Co., Ltd., acquired Baccalieu Energy Inc for 235.5 million Canadian dollars. The transaction cost will be paid in cash and through the company's internal resources. Reason for selection: The global mineral resources have always been favored by domestic enterprises, and this transaction is the largest foreign acquisition of China Mining in the past 11 years.

7. The way of COFCO's M&A in 2114

On March 23, 2114, COFCO, the largest grain, oil and food enterprise in China, and Nidera, a well-known Dutch agricultural products and commodity trading group, formally signed an agreement in the Netherlands to acquire 51% equity of Nidera at a final price of US$ 1.2 billion. On October 28th of the same year, the transaction was changed and the delivery was completed. As an investment holding enterprise, COFCO currently owns four Hong Kong listed companies, namely China Food, COFCO Holdings, Mengniu Dairy and COFCO Packaging, and three mainland listed companies, namely tunhe, COFCO Real Estate and COFCO Biochemical. After this transaction, COFCO became the controlling shareholder of Nidera, and became a big grain supplier that can compete with the four international monopoly grain suppliers: ADM, Bunge, Cargill and Louis Dreyfus.

reason for selection: this transaction is the largest cross-border M&A transaction of state-owned enterprises in the agricultural field in the past decade.

8. China State Grid Acquisition Case

On July 31, 2114, China State Grid Corporation and Italian Deposit and Loan Corporation (CDP Reti) signed an agreement in the Italian Prime Minister's Office to acquire 35% equity of its wholly-owned subsidiary Energy Grid Corporation at a price of 2.4 billion euros (about 3 billion US dollars). After the transaction is completed, State Grid Corporation of China will appoint two directors among the five members of the board of directors of the Italian Deposit and Loan Energy Network Company, and send two financial managers, and appoint zero directors in the board of directors of the target companies, the Italian Power Transmission Network Company and the Italian Natural Gas Network Company.

Reason for selection: This transaction is the largest cross-border M&A case of China in the electricity and gas industry in the past decade, and it is also the largest investment of China enterprises in Italy so far.

9. Sanpower entered Britain to make the largest overseas acquisition in the history of A-shares

In April p>2114, Nanjing Xinbai, a subsidiary of Sanpower, acquired 89% of the shares of House of Fraser, the oldest department store in Britain, for 211 million pounds, becoming the first mainland buyer to enter the British department store industry. The remaining shares are held by Mike Ashley, the founder of Sports Direct, the largest sporting goods retailer in the UK.

reason for selection: the acquisition of Sanpower Group is the largest overseas direct acquisition of a listed company in China A-share history, and also the largest overseas retail investment of China enterprises in history.

11. China Bluestar Acquisition Case

On October 24th, 2114, China Bluestar (Group) Co., Ltd. agreed to acquire Norwegian solar panel manufacturer REC Solar for 4.34 billion NOK (about 641 million USD). Bluestar paid 118.51 kronor for each REC share, which was 15.9% higher than the closing price of the stock on the previous trading day. After the merger, China Bluestar plans to merge REC Solar with Ekeng Company (Elkem), which aims at developing the solar energy industry. The latter was purchased by the company in 2111 for US$ 2 billion, creating the largest industrial acquisition of China enterprises in Europe at that time.

reason for selection: this acquisition ranks ninth among the cross-border M&A transactions in China in 2114 and first among the chemical industry.