Appetite for faster growth could fuel cross-border deals in S-E Asia: report
Remainder of the year holds promise for a repeat of 2016's trend, in which the value of intra-regional deals hit US$18.9b
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Singapore
REGIONAL corporates trying to accelerate their growth could spur cross-border merger and acquisition (M&A) activity in South-east Asia, risk consultancy Kroll and deal intelligence service Mergermarket said in a report on Thursday.
The value of intra-regional deals in South-east Asia rose more than fourfold, or 368 per cent, to US$18.9 billion in 2016, according to the report. While 2017 began on a slower note amid economic and political uncertainty, with only 18 intra-regional deals worth US$1.5 billion in the first quarter, the report's authors nevertheless expect the pace to pick up in the rest of the year.
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