Beijing Enterprises to Buy EEW as China Increases Takeovers

  • Acquisition valued at EU1.4b expected to close in February
  • Chinese acquisitions poised to reach second record year

Beijing EnterprisesHoldings Ltd., the state-controlled beer to energy conglomerate, is buying EEW Energy from Waste GmbH for 1.4 billion euros ($1.6 billion) as China extends its acquisition spree.

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