asian-ma-comes-of-age

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 waited and watched from the sidelines to forge ahead.

But as with all things, it was too good to last. In the middle of the party û and the year as it happened û the...
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