CHINA TOPIX

In Brazil, Chinese Companies are on Overdrive in Pursuit of Mergers and Acquisitions

Girish Shetti   |

Aug 29, 2016 07:07 PM EDT

China has been on the forefront of mergers and acquisitions (M&A) in Brazil this year, according to data compiled by Bloomberg. The data shows that Chinese companies have so far spent $4 billion to acquire new companies in Brazil, crossing the highest investment made in 2010.