Asia M&A bonanza fuelled by Southeast Asia, private equity deals Reuters 19 hrs ago Asian first half M&A at second-highest level of $707.7 bln
Popular Searches Private equity-backed deals at $102 bln, also a record Bankers see de-spac transactions materialising in second half
By Kane Wu and Anshuman Daga
HONG KONG/SINGAPORE, July 1 (Reuters) - Asian merger and acquisition activity surged to its second-highest level ever for a first half as Southeast Asian and private-equity deals hit records, and bankers expect the strong momentum to be maintained for the rest of the year.
Announced deals involving Asian companies came to $707.7 billion in January-June, up 75% from the same period a year earlier and not far off the record of $758.6 billion logged in the first half of 2018, Refinitiv data showed.
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