Nearly half of Asia-Pacific corporations polled for an EY study are planning a divestment in the next two years, with many seeking to sell or spin off assets to fund growth.
Financial services firms could consolidate a lot more in 2016. EY identifies five M&A trends.
Banks and other financial institutions are experimenting with fintech initiatives but trickle-down benefits have been sluggish.
In its study of global corporate divestment, EY finds companies in Asia-Pacific are reluctant to exit investments and use proceeds to fund expansion.