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
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report