The number of Chinese company takeovers in Europe has fallen to its lowest level since 2012. According to a new analysis by management consultancy EY, investors from the People’s Republic acquired a total of 119 companies in Europe in 2023. In 2022, the number of M&A transactions was still 139, according to the study presented on Tuesday. EY also reports that the volume of transactions fell – from 4.3 to 2.0 billion US dollars. However, it noted that most acquisitions did not disclose acquisition prices.