M&A

Two M&A deals in Australia’s financial services sector hit major turbulence in March, underlining some of the recent challenges in completing deals, including higher interest rates and the war in the Middle East.

Anders Svensson is joining the bank in Sydney from Morgan Stanley.

Recent deals have involved hotel, food delivery and energy assets from firms in Vietnam, Taiwan, Japan and Thailand. Japanese corporates are seeking diversification in western markets.

Despite growing investor confidence, a challenging fundraising environment in the region persists. The role of AI in deals is gaining in importance.

Advancing its portfolio rejuvenation strategy, CLAR is expanding its logistics and business space presence in Singapore while marking a strategic entry into the Japanese hyperscale data centre market with three DPU-accretive transactions.

The Rava Partners-backed platform adds 550 keys across eight prime Tokyo districts, boosting its global AUM to over $1.1bn as institutional appetite for Japan’s rental housing sector intensifies.

Raj Shah, partner and head of healthcare, Nordic Capital, discusses how investors are looking to tap into Asia's demographic demand, gain portfolio resilience, and drive healthcare innovation.

Ken Tung has been appointed head of industry group, healthcare, Apac, in addition to his role of head of financial sponsors coverage, Apac.

Barrenjoey Capital Partners is intending to merge with ASX-listed Magellan Financial Group to create a firm with a balance sheet of A$2bn.