Chinese Companies Advised to Research Before M&A

By staff reporter Liang Yang

(.com.cn) Chinese companies should fully assess the finances and operations of a targeted overseas business before any acquisition in order to lower risk, said Phil Rivett, global financial services assurance leader of PricewaterhouseCoopers.

"Clearly, it is a necessary requirement to do the appropriate amount of due diligence, both on the financials of the entity that's being looked to be acquired, and the accounting systems, pensions, tax, the litigation claims," Rivett said in an exclusive interview with on Sept. 7.