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Asia's buyouts are priced too high as funds exceed value

Published Mon, Jun 19, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Hong Kong

NOSE-BLEED prices on Asian buyouts leave little room for error. The region is awash with private-equity money. Yet big targets are relatively scarce.

Acquisitions, especially in ultra- pricey China, will only work out for the buyers if companies can grow fast, and market multiples hold up, for years to come - an unlikely combination.

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