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China's overseas M&A spree comes at lowest costs since 2012

Thursday, August 11, 2016 - 05:50

New York

AS CHINESE companies go on a record US$157 billion overseas buying binge, they're collecting their corporate trophies at the cheapest levels in four years.

The median price they're paying this year amounts to 14 times the Ebitda - or earnings before interest, taxes,

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