The Asia-Pacific (APAC) region saw a 3.9% month-on-month growth in deal activity (mergers & acquisitions, private equity and venture financing deals) from 1,126 deals to 1,170 deals in February 2021, according to GlobalData, a leading data and analytics company.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The COVID-19-hit 2020 remained a roller coaster ride for the global deal landscape and APAC was not an exception. The market conditions are expected to remain volatile as the fear of a second wave of COVID-19 in some of the key markets is likely to affect the investor sentiments.
“However, the growth witnessed in February, albeit bit slow, can be a positive sign for the revival of deal-making in the APAC region as investor cautiousness is likely to prevail for some more time.”
Aurojyoti Bose, Lead Analyst at GlobalData
An analysis of GlobalData’s Financial Deals Database reveals that the APAC markets such as India, Japan, Australia, South Korea and Singapore witnessed growth in deal volume by 22.8%, 47.3%, 59%, 31.8% and 12.8%, respectively, while China…
Read the rest of Asia-Pacific sees 3.9% growth in deal activity in February 2021 on Thailand Business News