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"There has been a flight to quality when it comes to overseas purchase.
Crédit Agricole, the French bank, is considering a bid for the British mortgage lender Alliance & Leicester in what would be its biggest overseas purchase.
An acquisition of Nycomed would top that deal and make it the third-largest overseas purchase by a Japanese company, behind Japan Tobacco's purchase of Gallaher in 2007 and Softbank's acquisition of Vodafone's Japan unit in 2006.
Sales by overseas purchase agents came to nearly 50 billion yuan in 2012, a leap of more than 80% on the year earlier; they jumped by half again last year to 74.4. billion yuan.
Tata Tea Ltd. said today that it would pay $271 millionn, or $431 million, to buy the Tetley Group, Britain's No. 1 maker of tea bags, marking the biggest overseas purchase yet by an Indian company.
Just one week after said it was interested in taking over Volvo, the automaker seemed to be distracted by another potential overseas purchase: Opel.
Similar(50)
This taste for overseas purchases is shared by Indian companies.
There have also been changes in fees for overseas purchases.
Colbert had expansive ideas, and he began moving Chrysler into real estate and overseas purchases.
So when its foreign sales fall, its overseas purchases drop as well.
Its initial public offering will raise funds to fuel further overseas purchases.
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