Southeast Asia splurged $10b in outbound investments
Q3 record lowest since 2009.
According to Mergermarket, South East Asia invested US$ 10bn outside of its borders during Q1-Q3 2013, the lowest valued Q1-Q3 period for outbound investment since 2009 (US$ 2.7bn).
Here's more from Mergermarket:
Q1-Q3 2013 saw 273 deals worth US$ 49.8bn, the highest result for any Q1-Q3 period by deal value and also deal count on Mergermarket record (since 2001), slightly up from Q1-Q3 2012 (US$ 47.9bn) by 4% after two quarter-on-quarter increases in 2013.
Deals valued at US$ 22.5bn in Q3 marked the second increase during 2013, up 40.6% from Q2’s US$ 16bn, and was the highest valued quarter in a year (Q3 2012 values at US$ 29.5bn) – this is particularly significant considering that South East Asia’s M&A by quarter usually fluctuates each quarter.
The strength of Q3s value came from an influx in inbound deal value with deals valued at US$ 10bn; it was the highest quarter for inbound deal value in over five years (Q2 2008 valued at US$ 10.5bn) and continued an upward trend for inbound deals seen throughout 2013.
Inbound deal value totalled US$ 16.2bn through Q1-Q3 2013, the highest level of investment for the first three quarters since 2008 (US$ 21.8bn), up 17.4% compared to Q1-Q3 2012 (US$ 13.8bn).