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Regional M&A activity picking up as US, Europe markets recover

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Uma Devi

Uma Devi

Published Thu, Oct 5, 2023 · 05:00 AM
    • Although mergers and acquisitions have picked up in the second half of the year, market observers warn that the regional recovery this year for the deal market appears to be rather slow-paced. 
    • Although mergers and acquisitions have picked up in the second half of the year, market observers warn that the regional recovery this year for the deal market appears to be rather slow-paced.  PHOTO: AFP

    DEAL activity in South-east Asia is showing nascent signs of a recovery, and market players see signs that 2023 may end better than it started on the mergers and acquisitions (M&A) front.

    M&A activity has spiked in the US and European markets in the last couple of months, thanks to lower equity market volatility and a return of initial public offerings, said Martin Siah, Singapore country executive at Bank of America (BOA).

    A more benign interest rate outlook is also supporting the acquisition finance market, he added.

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