FA: Financial Advisor LA: Legal Advisor
CHINA TOP 10 M&A DEALS
July 2015 - June 2016
DATE DEAL VALUE
USD
(MILLIONS)TARGET
COMPANYDEAL
DOMINANT
INDUSTRYBIDDER BIDDER
ADVISORSSELLER SELLER
ADVISORS17/06/2016 6 919Shenzhen Metro
Qianhai Internatio-
nal DevelopmentReal Estate China VankeFA: China International Capital
Corporation; CITIC Securities;
Southwest Securities CompanyShenzhen Metro
GroupN/A23/05/2016 7 679 S.F. Holding Group TransportationMaanshan Dingtai
Rare Earth & New
MaterialsFA: China Merchants Securities;
CITIC Securities; Huatai United
Securities
LA: Grandall Law FirmPrivate Investor N/A24/12/2015 9 567PetroChina United
Pipelines Company
(50% stake)EnergyPetroChina
PipelinesFA: China International Capital
Corporation; Goldman Sachs
LA: Freshfields Bruckhaus
DeringerTaikang Asset
Management
Company; Beijing
Guolian Energy
Industry Invest-
ment FundN/A18/12/2015 7 201 Qihoo 360 Techno-
logy (73.2% stake)Computer
softwareConsortium
for Qihoo 360
TechnologyFA: CITIC Securities; Huatai
United Securities
LA: Fangda Partners; Haiwen
& Partners; King & Wood
Mallesons; Kirkland & EllisQihoo 360 Tech-
nologyFA: J.P. Morgan
LA: JunHe; Latham & Watkins;
Simpson Thacher & Bartlett;
Skadden Arps Slate Meagher
& Flom09/12/2015 7 027Postal Savings Bank
of China (16.92%
stake)Financial
ServicesAn investment
group led by Chi-
na Life Insurance
CompanyFA: J.P. Morgan
LA: Clifford Chance; Fangda
Partners; King & Wood Malle-
sons; Shearman & Sterling;
Tian Yuan Law FirmPostal Savings
Bank of ChinaFA: China International Capital
Corporation; Morgan Stanley
LA: Davis Polk & Wardwell;
Haiwen & Partners07/11/2015 12 537Sanxia Jinshajiang
Chuanyun Hydroe-
lectric PowerEnergyChina Yangtze
PowerFA: CITIC Securities; Huatai
United Securities
LA: Tian Yuan Law FirmChina Three
Gorges Corpora-
tion; Sichuan En-
ergy Investment
Group; Yunan
Energy Invest-
ment GroupN/A14/10/2015 33 688China Mobile, China
Telecom, China
Unicom (wireless
tower assets)Telecommu-
nications:
CarriersChina Tower
CorporationFA: China International Capital
Corporation
LA: Commerce and Finance
Law OfficesChina Telecom
Corporation; Chi-
na Mobile; China
Unicom (Hong
Kong)FA: China Securities; Morgan
Stanley; UBS Investment Bank
LA: AnJie Law Firm; Freshfields
Bruckhaus Deringer; Freshfields
Bruckhaus Deringer; Haiwen &
Partners; Sullivan & Cromwell;
Zhong Lun Law Firm18/09/2015 6 846China Merchants
Property Develop-
ment (48.1% stake)Real EstateChina Merchants
Shekou Industrial
Zone HoldingsFA: China Merchants Securities;
CITIC Securities
LA: JunHeChina Merchants
Property Develop-
mentFA: Haitong Securities
LA: Rajah & Tann; Shu Jin
Law Firm01/09/2015 6 737 Focus Media
HoldingMediaFocus Media
Information
TechnologyFA: GF Securities; Huatai United
Securities
LA: Jingtian & GongchengPrivate Investor N/A04/08/2015 7 584Shougang Jingtang
United Iron & Steel
(51% stake)Industrial
products and
servicesBeijing ShougangFA: Huatai United Securities
LA: Jingtian & GongchengShougang Group
Corporation N/A