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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

Published Wed, Dec 9, 2015 · 09:50 PM

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.

Most of the respondents are confident of the quality of acquisition opportunities, with many targeting acquisitions under US$250 million. The proportion of respondents expecting deals t…

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