Thursday 28 Mar 2024
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SINGAPORE (March 26): Baker McKenzie is forecasting for Asia Pacific’s financial merger and acquisition (M&A) deals to hit US$122.7 billion (S$160.9 billion) this year, coming in only after Europe and North America at the projected deal values of US$195.7 billion and US$259 billion, respectively.

In the multinational law firm’s 2018 Global Transactions Forecast sector report for financial institutions, Baker Mckenzie foresees financial deals to accelerate throughout 2018 and beyond, amid continued consolidation, ultra-low interest rates, tech-enabled disruption and regulatory pressure.

In all, its research, developed in associated with Oxford Economics, anticipates global M&A values in the financial sector to rise to US$616 billion in 2018, up 25% from US$424 billion a year ago, with global IPO values growing...(click on link for full story on theedgesingapore.com)

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