After a slow start to Thailand’s dealmaking scene in 2023, mergers and acquisitions (M&A) activities are expected to tick up in the second half of the year, with businesses finally taking their feet off the brakes. But lawyers say that companies need to navigate not just tight monetary conditions and heightened geopolitical risks, but also a murky political situation in Thailand.Â
Thailand's merger and acquisition (M&A) volume and value should improve in the second half of 2023, according to PwC Thailand, after many businesses paused M&A activities because of economic conditions, inflation and geopolitical risks.
Significant growth is expected in the volume and value of mergers and acquisitions (M&A) in Thailand over the next 12 months compared to the first half of 2021 as the economy opens up, according to PwC Thailand.