BoCom partners with global M&A adviser

Will focus on Chinese companies.

Bank of Communications Ltd and Business Development Asia LLC (BDA) have entered into a strategic partnership agreement to cooperate on cross-border M&A transactions involving Chinese companies.

This agreement will offer BoCom enhanced access to BDA's global platform and network of contacts that BoCom can use to enhance the M&A dealflow for its client base of leading Chinese state-owned and private enterprises.

The partnership means that both firms’ M&A clients will be introduced to optimal investors and strategic buyers and sellers, regardless of location.

BDA is an independent pan-Asian middle-market investment banking advisory firm. It advises on international mergers and acquisitions, and provides advisory services for blue-chip corporate and financial sponsor clients.

BoCom is the fifth largest commercial bank in China, with over 3,000 branches in 200 cities. It recorded revenues of US$24 billion in 2012, and had an asset base of over US$850 billion.