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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

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...

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