Asian M&A Higher than European Deals this Year

The economic uncertainty dogging the Asia Pacific region excluding Japan (AXJ) has not stopped corporations from making several high-profile merger and acquisition (M&A) deals in the past nine months, new figures show.

Asia Pacific saw M&A deals worth $770.9 billion announced between January and September, overtaking Europe to become the second most active region after the U.S., according to a report by Dealogic.

China, despite reports of an economic slowdown, contributed to nearly 50 percent ($384.3 billion) of M&A volume in the region, followed by Hong Kong ($125 billion) and Australia ($86.1 billion). Japan’s targeted M&A volume was $59.2 billion, a slight year-on-year decrease.

The deal value in China between January and September was nearly 50 percent higher from the same period last year.

Dealogic tracks M&A deals at the time they are announced; if deals fall through, they are omitted in the next counting cycle.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza