Leveraged buyout loans likely to rise in Asia: Credit Agricole
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] Leveraged buyout loans in Asia are set to increase as the region's companies mature and seek to grow by acquisition rather than organically, according to Credit Agricole SA.
Merger and acquisition activity in the Asia-Pacific region has increased by 67 per cent this year to US$312.4 billion, led by deals including Singapore investment company Temasek Holdings' part purchase of Olam International and OCBC's US$5 billion takeover of Hong Kong's Wing Hang Bank.
The number of leveraged finance transactions completed in emerging Asia in the first three months of the year rose by 28 per cent to 169 versus the same period of 2013, data from the Emerging Markets Private Equity Association (Empea) show.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
