Confident corporates in Asean hungry for acquisitions: EY report
Four in 10 firms will pursue an acquisition in the next year; six in 10 have four or more deals ongoing
Singapore
THE continued confidence from corporates in Asean is spurring a hunger for acquisitions, with companies looking at multiple deals and expecting acquisitions to close in a timely way, an EY report said on Wednesday.
Just over four in 10 executives (42 per cent) from this part of the world who took part in the survey say they plan to actively pursue an acquisition over the next 12 months, up from 38 per cent six months ago.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Middle East tensions threaten global progress on inflation: World Bank
Heatstroke kills 30 in Thailand this year as South-east Asia bakes
Thailand to appoint former energy executive Pichai as finance minister, sources say
Consumer gulf widens as demand for premium and budget foods grows
‘To the Future’: Saudi Arabia spends big to become an AI superpower
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons