Only one major market is recording M&A growth.
DC Advisory’s Asia Access team discusses Asia outbound investment trends and their evolution, and why Japan currently offers a rich pool of opportunities.
Notwithstanding the global slowdown in dealmaking in 2023, Asia's diverse markets have shown individual strengths, with Japan bucking the global trend as the only major market recording M&A growth.
So far in 2023, we have seen the following trends across Asia:
- Slowing economies combined with growing global uncertainties created a perfect storm of risk aversion for global investors
- As we anticipated in our last edition, the sentiment of buyers and sellers in Europe and the US has elevated the significance and influence of Asian outbound acquirers this year, following softening valuations and increased caution among local investors
- A flourishing Japanese M&A market is, in our view, being driven by changes in corporate governance, demographic shifts and the proliferation of private equity in the country
A message from Tosh Kojima, Asia Access Managing Director
“For 2024 and beyond: we anticipate the role of Japanese outbound acquirers and the increased presence of Western private equity firms, will set the stage for a flourishing cross-border M&A environment in Asia.”
Read our full publication here > 
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