As cross-border mergers and acquisitions are on the rise globally, businesses in Asia and abroad are turning their attention to Southeast Asia.
A 2013 report on trends in cross-border M&A indicates buyers are expanding their acquisition targets to include next-generation high-growth markets, including countries in Asia. The report, commissioned by the global law firm Baker & McKenzie and written by The Economist Intelligence Unit, also indicates Asian-based companies themselves are establishing a stronger presence on the acquisition side of M&A.
“I think we’re seeing, in terms of the geographical spread, whether it’s investors from outside the region or inside the region, a lot more activity in Southeast Asia than, say, a decade ago,” said Jon Worsfold, a partner in the Singapore office of Baker & McKenzie.
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