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South-east Asian PE firms turn cautious despite buying opportunity: report
But industry players still see some bright spots in healthcare segments such as telemedicine
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Sharanya Pillai
Published Fri, May 22, 2020 · 09:50 PM
Singapore
DESPITE being loaded with dry powder, the South-east Asian private equity (PE) industry has slowed down deal-making amid the uncertainties wrought by the Covid-19 outbreak, said a report by business data platform Mergermarket.
There were only five private equity buyouts in the region in the first quarter of 2020; they were worth a total of US$58 million, which Mergermarket noted was the lowest quarterly buyout value since Q2 2009.
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