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Confident corporates in Asean hungry for acquisitions: EY report

Four in 10 firms will pursue an acquisition in the next year; six in 10 have four or more deals ongoing

An elevated highway under construction in Jakarta. Indonesia, the US, the UK, India and Malaysia are the top five investment destinations among Asean corporates.


THE continued confidence from corporates in Asean is spurring a hunger for acquisitions, with companies looking at multiple deals and expecting acquisitions to close in a timely way, an EY report said on Wednesday.

Just over four in 10 executives (42 per cent) from this