Almost 90% of leading Asian companies want to expand internationally through mergers and acquisitions, according to a regional corporate survey by JP Morgan.
The US bank surveyed C-suite executives at 55 unnamed companies across a range of industries in nine Asian markets. Some 40% of the companies questioned have a market value of $10 billion or more. Another 20% are privately owned.
The results of the survey show that Asia's companies are “optimistic and eager to grow through acquisitions,” JP Morgan said, underlining just how important the region is becoming in global deal-making terms.
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