Thai dealflow sputters under shadow of politics

Bankers in Thailand to see pockets of IPO and offshore acquisition activity while domestic investors to animate equity capital markets.

Thai dealflow sputters under shadow of politics

Thailand’s political volatility has long cast a pall on the ambitions of dealmakers and this year is unlikely to be much different. Bankers, nonetheless, expect pockets of activity, including initial public offerings and offshore acquisitions as Thai companies battling flagging growth at home are forced to look overseas.

Business has been flagging since the junta seized power through a military coup, toppling the Yingluck Shinawatra-led government in May last year. 

“The...

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