Asian M&A comes of age
A poll conducted by Clifford Chance and FinanceAsia finds that executives at Asian companies are still bullish about M&A activity.
In early 2007, it seemed that MA activity in Asia was finally coming of age. Strengthening economies fuelled the corporate sector and, as companies out-grew their home turf, their ambitions to expand into new markets increased. The availability of financing coupled with the opportunities to extract value from targets in other countries provided a compelling reason to pursue deals. At the same time, the success of companies that went out on acquisition sprees in 2006 convinced others who had...
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