IMAP HOSTED SUCCESSFUL GLOBAL INVESTMENT SUMMIT IN BEIJING, CHINA
2012 April 10
120 representatives from Chinese companies attended the event
ISTANBUL – April 10th, 2012 – IMAP, the global merger and acquisitions (M&A) partnership, announces that 120 representatives from Chinese companies attended its Global Investment Summit on March 29 at the China World Hotel in Beijing. The event was hosted by IMAP’s partner in China, InterChina.
During the summit, Chinese investors met with IMAP’s senior M&A transaction advisers in prearranged bilateral meetings and Open Networking sessions to forge relationships and discuss potential outbound and inbound opportunities for 2012.
More than 150 senior managers representing over 100 large national and regional state-owned and privately-owned companies throughout China attended this meeting. These executives and IMAP advisers from more than 40 countries held over 200 business bilateral meetings, with participants showing a strong interest in the investment opportunities presented by IMAP. Several companies have agreed to enter into more specific discussions.
Eduardo Morcillo, a Managing Partner of InterChina, stated that; the Symposium had more than achieved its objectives, as a large number of Chinese companies with outward investment intentions had gotten a good understanding of IMAP's sourcing and support capabilities.”
Morcillo said, “This will provide a strong basis for future M&A cooperation between companies from all over China and IMAP’s global offices.”
“The Beijing summit was extremely productive for our IMAP regional offices and the Chinese investors who attended,” said ?evket Ba?ev, Chairman and CEO of IMAP. “This was the first time many IMAP advisers were able to meet and speak with Chinese corporations, giving them a better view of what to expect when conducting international and cross border M&A deals.”
The invitation-only summit was supported by the China Investment Promotion Agency (CIPA) of the Ministry of Commerce (MOFCOM), one of the leading executive ministries of the State Council of China, and the government bureau in charge of planning and organizing large investment promotion activities in China and abroad.
Founded in 1994, InterChina is an M&A Advisory firm, that, during the last 15 years, has become one of the leading boutique corporate advisers in China. InterChina has developed focused expertise in select sectors, including automotive, food & beverage, healthcare, chemicals, clean tech and distribution-retail. It has successfully closed more than 160 transactions (representing more than 5 billion euro in overall deal value) and it ranks among China´s top cross-border investment banks. More information is available at www.interchinaconsulting.com/en/.
IMAP is an exclusive global M&A partnership formed in 1973 and located in more than 40 countries throughout North and South America, Eastern and Western Europe, the Middle East and Asia. In 2011, IMAP ranked third worldwide and in Europe in the Thomson Reuters League Tables for the number of deals with a value of up to US$500 million. IMAP completed 227 M&A deals and 38 capital-raising mandates in 2011. IMAP advisers provide strategic merger, acquisition, divestiture and related corporate finance services with essential local market knowledge, and industry expertise delivered with unparalleled global reach.
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