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Merger1 and acquisition activity has been brisk in many parts of the world at the beginning of this year.
Warren Buffett's Berkshire Hathaway and Brazil's 3G Capital Partners have revealed they are to buy ketchup-maker2 H.J. Heinz for 23-billion dollars.
The same day American Airlines and US Airways3 agreed to a merger worth 11-billion dollars.
These deals come just a week after a group of shareholders4 led by company founder5 Michael Dell announced plans to take computer maker private in a 24-billion dollar buyout.
Meanwhile here in China last year, total overseas mergers6 and acquisitions hit a record high of 65 billion U.S dollars - that was up 54-percent year-on-year.
Among those deals was Chinese heavy machinery7 company Sany buying a German cement pump manufacturer, while state-owned Bright Foods took over French company Diva Bordeaux.
For more on the mergers and acquisition market, Paul James spoke8 earlier with CRI's financial commentator9 Cao Can.
1 merger | |
n.企业合并,并吞 | |
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2 maker | |
n.制造者,制造商 | |
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3 AIRWAYS | |
航空公司 | |
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4 shareholders | |
n.股东( shareholder的名词复数 ) | |
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5 Founder | |
n.创始者,缔造者 | |
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6 mergers | |
n.(两个公司的)合并( merger的名词复数 ) | |
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7 machinery | |
n.(总称)机械,机器;机构 | |
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8 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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9 commentator | |
n.注释者,解说者;实况广播评论员 | |
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