The global downturn did little to halt this trend, Chinese companies completed 60 deals in developed markets alone during 2009, with a further 39 deals in the first half of 2010. China now ranks as the fifth largest global outbound investor with a total volume of USD 56.5 billion in 2009, compared to a ranking of twelfth in 2008, according to the Ministry of Commerce.
In this report, we have set out the common elements of world-class M&A or investment. We believe there are many common traits exhibited by leading multinationals, international private equity firms and serial deal-makers. This best practice can be defined in terms of overall vision and strategy, target identification and capability, negotiation and execution, use of external support , and implementation and integration.