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Hedgies boost focus on China M&A activity, says Copal

Consolidation activity is forecast in the cement and bottled-drink sectors in China, while Chinese firms are mapping out the supply of raw materials from Africa, says the research firm.

Consolidation activity is forecast for China’s cement and bottled beverage industries, and hedge funds and investment banks are scouring for possible mergers in those sectors, according to London-based research and consulting house Copal Partners.

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