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Dented valuations amid virus spread could offer Asia M&A buys
Market watchers say grim environment could provide openings for companies with dry powder and Reits on acquisition trail
Claudia Tan HS
Published Wed, Mar 4, 2020 · 09:50 PM
Singapore
WHILE the grim market environment amid the Covid-19 outbreak has unnerved businesses, the economic downturn might be a good time for opportunistic buyers to come forward to pick up assets at a discount.
Market watchers The Business Times spoke to said that the long-drawn economic downturn could generate opportunities for companies to expand their businesses through strategic acquisitions.
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