China's top 10 global M&A deals in 2016

APD NEWS

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China's outbound mergers and acquisitions (M&A) reached $111 billion in 2016, surpassing the $107 billion recorded in 2015, with the number of deals up by 79 percent to a record 300, according to Dealogic, a financial markets platform.

Here we take a look at China's top 10 global M&A deals in 2016.

No 10 Zhuhai Seine Technology and Legend acquired US Lexmark

Investment: $3.4 billion

Sector: Technology

Time: April 2016

A touch screen menu is displayed on a Lexmark Platinum Pro905 printer during "CES Unveiled," a media preview event, at the 2010 International Consumer Electronics Show (CES) in Las Vegas, Jan 5, 2010.

No 9 Dalian Wanda clinched deal for US Legendary Entertainment

Investment: $ 3.5 billion

Sector: Entertainment

Time: January 2016

Wang Jianlin, chairman and president of Dalian Wanda Group, attends the Asian Financial Forum (AFF) in Hong Kong, Jan 18, 2016.

No 8 China Three Gorges acquired Duke Energy's Brazilian business

Investment: $3.7 billion

Sector: Energy

Time: January 2016

A truck drives past an entrance sign outside the Duke Energy Corp Gallagher Station power plant in New Albany, Indiana, US, July 27, 2015.

No 7 Shanghai Giant-led consortium bought Israeli online gaming developer Playtika

Investment: $4.4 billion

Sector: Entertainment

Time: August 2016

Young women promote games by Shanghai Giant Network Technology Co at an industry expo held in Beijing.

No 6 Midea became the biggest shareholder of German industrial robotics group Kuka

Investment: $4.7 billion

Sector: Technology

Time: August 2016

Robots in the Kuka stand pour a beer into a glass at the Hannover Messe industrial trade fair in Hanover, Germany April 23, 2016.

No 5 Haier acquired US General Electric Appliances

Investment: $5.4 billion

Sector: Consumer

Time: January 2016

Zhang Ruimin (left), chairman and CEO of Haier Group, shakes hands with Chip Blankenship, president and CEO of GE Appliances.

No 4 Anbang bought US Blackstone's business

Investment: $5.7 billion

Sector: Tourism

Time: March 2016

The headquarters building of Anbang Insurance Group is pictured in Beijing, Aug 25, 2016.

No 3 HNA acquired world's top IT products distributor US Ingram Micro

Investment: $6 billion

Sector: Technology

Time: February 2016

Chinese employees are pictured at the HNA Group display during the 11th Beijing International FinanceExpo (Finexpo 2015) in Beijing, Oct 30, 2015.

No 2 China's HNA bought a 25 percent stake in Hilton from US Blackstone

Investment: $6.5 billion

Sector: Tourism

Time: October 2016

A Hilton Worldwide Holdings Inc Grand Vacations Club hotel stands in Las Vegas, Feb 24, 2016.

No 1 Tencent acquired up to 84 percent of Finnish mobile gaming company Supercell

Investment: $8.6 billion

Sector: Entertainment

Time: June 2016

Supercell Oy CEO Ilkka Paananen (left) and Martin Lau, president of Tencent Holdings Ltd, pose while meeting with the media in Helsinki, Finland, on June 21, 2016 (local time).

(CHINA DAILY)