Record year for Chinese megadeals China’s acquisition spree in the European Union hit a record €35 billion last year – a surge of 77% on 2015. Combined spending in Germany, the UK and Finland soared to over €25bn from €3bn in 2015 Finland: Tencent-led consortium makes €6.7bn investment in Finnish gaming company Supercell Germany: China’s Midea Group buys stake in German robot maker Kuka for €4.4bn UK: Chinese investors buy €2.8bn stake in British data centre giant Global Switch $0-$100m $100-$500m Above $500m SPAIN €1.5bn UNITED KINGDOM €7.8bn GERMANY €10.9bn 56 takeover deals FINLAND €6.7bn IRELAND €2.6bn FRANCE €1.9bn ITALY €1.7bn Picture: Associated Press Sources: Rhodium Group, Mercator Institute