Announced deals involving Asian companies came to $707.7 billion in January-June, up 75% from the same period a year earlier, Reuters reports, and not far off the record of $758.6 billion logged in the first half of 2018, Refinitiv data showed.
Southeast Asia deals jumped 83% to a record $124.8 billion driven by blockbuster transactions including ride-hailing giant Grab’s $40 billion merger with SPAC Altimeter Growth.
Bankers expect Southeast Asia to remain a big focus for dealmaking. Read more.
