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
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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 identified their role in merger & acquisition (M&A) transactions as net buyers,. One in 10 billed themselves as net sellers.
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