Asia Pac intra-region M&A value at $101 bn hits record in 2012

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PTI: New Delhi, Dec 18 2012, 16:02 IST
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The total deal value of cross border merger and acquisitions (M&A) within the Asia Pacific region reached a record high of USD 101.2 billion so far this year, a report says.

According to global deal tracking firm Dealogic, the Asia Pacific Intra-Region Crossborder M&A total deal value has reached a record high of USD 101.2 billion in 2012 year to date, up 17 per cent from the previous year-to-date record of USD 86.4 billion clocked in 2011.

This year's Asia Pacific Intra-Region Crossborder M&A total deal value has also surpassed the historical full year

levels.

The M&A deal value was boosted by 17 deals worth over a billion dollar each announced in 2012 so far totalling to as much as USD 55 billion. These mega deals accounted for more than half (54 per cent) of the total deal value.

In the corresponding period last year, 14 billion-dollar deals were announced totalling to USD 24.3 billion in 2011.

Despite the record value, the number of deals in 2012 stood at 1,500 (down 13 per cent) over the comparable period a year ago.

At 1,500 deals so far, this marks the lowest year-to-date level since 2009, when 1,425 deals were announced, Dealogic said.

Thailand led the crossborder acquiring nations ranking in the Asia Pacific region for the first time with USD 23.2

billion worth of deals through 35 transactions in 2012, almost fivefold of the USD 4.8 billion via 32 deals recorded in the same period last year, Dealogic said.

In 2012, Americas Intra-Region Crossborder M&A value was up 22 per

... contd.

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