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Asian businesses on the prowl for acquisitions

Growing appetite lifts M&A volume from Asia-Pac to 30% of US$4.2t global volume as at mid-November

Published Thu, Nov 19, 2015 · 09:50 PM

Singapore

ASIAN corporations are increasingly hungry for acquisitions, with regional banks and Chinese businesses keen to snap up assets in the United States, a survey from JP Morgan showed on Thursday.

The US bank surveyed 55 corporations in the region, and found that 88 per cent identified their role in merger & acquisition (M&A) transactions as net buyers,. One in 10 billed themselves as net sellers.

"That echoes a trend that's been gaining traction since the financial crisis, with the numbe…

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