Top 6 outbound M&A deals by Chinese companies in H1 2015
Updated: 2015-06-26 06:47
By Sun Chengdong(chinadaily.com.cn)
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No 2 A consortium led by GO Scale Capital of China agreed to acquire a 80.1 percent interest in LED Components and Automotive Lighting Businesses of Philips
A consortium led by GO Scale Capital of China agreed to acquire a 80.1 percent interest, in LED Components and Automotive Lighting Businesses (Lumileds) of Koninklijke Philips Electronics NV (Philips), an Amsterdam-based manufacturer and wholesaler of electronic products, for an estimated $2.9 billion.
Transaction value: $2.9 billion
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