Notably, deal value in China – which accounted for nearly half or 46.6% of overall M&A activity in the region in 1Q19 – almost halved y-o-y.
SINGAPORE (April 3): Merger and acquisition (M&A) activity in Asia-Pacific excluding Japan nosedived over 1Q19 with just 666 deals amounting to US$119.9 billion ($162.3 billion), amid economic headwinds and a still-unresolved trade war between the US and China.
This is according to the latest report by Mergermarket, which highlights that 1Q19 dealmaking was at its lowest since 1Q19 in value after China’s growth began sputtering last year in 2H.
