Emerson buys Huawei unit in historic M&A deal

Emerson''s $750 million acquisition of privately-owned Huawei Technology''s subsidiary, Avansys Power, could be the dawn of western style M&A in China.

Dan Slater

October 23, 2001

America's Emerson Network Power has acquired 100% in Avansys, a telecom and data power conversions provider, and a 100% owned subsidiary of Shenzhen-based Huawei Technologies for $750 million in cash, in the largest M&A deal between a private Chinese company and a foreign investor to date.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.