M&A activity in Asia-Pacific, excluding Japan, nosedived in the first three months to 666 deals worth US$119.9 billion, their lowest value in five years. Photo: AP

Global M&A hit hard in first quarter, with trade war and cooling growth taking toll on Asia

  • Deal value in China, which accounted for 46.6 per cent of Asia market, almost halved in first three months
  • China-targeted M&A activity only reached US$77.8 billion, a decline of 35 per cent
Topic |   Mergers & Acquisitions

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M&A activity in Asia-Pacific, excluding Japan, nosedived in the first three months to 666 deals worth US$119.9 billion, their lowest value in five years. Photo: AP
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