Merrill Corporation and Refinitiv bring you the latest APAC M&A updates, as well as a list of the month’s top financial advisors.
Asia Pacific and Japan M&A activity reached US$1.1 trillion in value, down 21.5% compared to last year’s record-breaking US$1.4 trillion but still elevated compared to historical levels as it continued to hit US$1-trillion levels in the last five years.
Mega deals, valued at US$5 billion or greater, fell to a six-year low and totaled US$151.3 billion, a 59.2% decline in value from a year ago.
In 2022, M&A volume across the APAC region showed unwavering strength through the first nine months of the year. Deal volume has been defiantly buoyant, remaining well above historic levels through the first three quarters of the year even as economic growth slowed. But with economic headwinds continuing to build across the region, will M&A bounce back in 2023?