Université de Fribourg

M&A by Chinese POEs in developed countries : acquiring and bundling strategic assets

Wu, Juan ; Morschett, Dirk

(Working Papers SES ; 512)

Building on the resource-based view and based on 33 interviews with top executives of 11 Chinese private owned enterprises (POEs) and 15 Western target companies, this study is an in-depth multi-case analysis of Chinese crossborder merger and acquisitions. While literature has argued that acquisitions by Chinese companies in developed countries are motivated by asset-seeking, this study takes...