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Bankers Get Boost in Asia Pacific as M&A Growth Tops US, Europe
The race is far from over, but the Asia Pacific has come out of the blocks much faster than the US and Europe in dealmaking activity this year.
The race is far from over, but the Asia Pacific has come out of the blocks much faster than the US and Europe in dealmaking activity this year. The volume of mergers and acquisitions in APAC is up 19% from the first quarter last year, helped by pending blockbusters such as the sale of CK Hutchison Holdings Ltd. ’s ports and convenience store operator Seven & i Holdings Co. That growth rate outshines the US’s 13% and leaves Europe firmly in the shade, with volumes sliding 14% there, data compiled by Bloomberg show.
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