South East Asia sealed US$27.1b M&A deals in 1H
Its most impressive opening half since 2008.
According to Merger Market, the first half of 2013 saw 183 deals in South-East Asia worth US$ 27.1bn, the highest opening half tally since 2008 (US$ 39bn, 186 deals).
This was attributable to aggregate M&A of US$ 16bn (99 deals) in Q2 2013, which was 43.5% above Q1 2013 (US$ 11.1bn, 84 deals) Japan was the most active bidder from outside the region in Q2 2013 with ten acquisitions totalling US$ 2.2bn.
The Consumer sector accounted for 27.8% of M&A in H1 2013 (US$ 7.5bn), largely by virtue of CP ALL’s US$ 6.5bnoffer for Siam Makro Public Co, the largest deal of H1.
Merger Market also noted that the Real Estate sector witnessed the biggest increase innumber of transactions , which totalled 20 deals (US$ 2.5bn), up from the 12 deals (US$ 1.2bn) chalked up in H1 2012Inbound deals were valued at US$ 3.9bn and outbound’s US$ 4.2bn-worth of announced deals increased 69.1% and 37.6% by value, respectively, compared to Q1 2013 (Q1 inbound valued at US$ 2.3bn and outbound valued at US$ 3.1bn).