Asian M&A: A bright spot on the horizon
Results of a recent survey conducted by Clifford Chance and FinanceAsia suggest guarded optimism prevails with respect to M&A across the region.
Uncertainty has continued to plague financial markets across the world this year and both equity and fixed-income deals have been difficult to execute. MA seemed to be the bright spot on the horizon for the first half of the year as a number of Asia outbound deals were announced. In some cases it seemed that depressed valuations in subprime-affected markets coupled with private equity firms becoming less active as leverage dried up, was playing to the advantage of Asian...
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