In the Chinese construction & real estate industry, there were 38 M&A deals announced in Q1 2024, worth a total value of $2.3bn, according to GlobalData’s Deals Database. The $732.7m majority acquisition of Suxichang South Expressway by Jiangsu Expressway was the industry’s largest disclosed deal. GlobalData’s Construction Industry Mergers and Acquisitions Deals report for Q1 2024 uncovers key trends behind the Construction Industry M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals.
In value terms, M&A activity in China decreased by 34% in Q1 2024 compared with the previous quarter’s total of $3.5bn and fell by 12% as compared to Q1 2023. Related deal volume remained flat in Q1 2024 versus the previous quarter and was 12% higher than in Q1 2023.
For further understanding of GlobalData's Construction Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 – Thematic Intelligence,
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