Dealmaking in Apac down by 20.4% year-on-year, data says

Data analytics and consulting firm GlobalData revealed last week that during the first seven months of 2023, the Asia Pacific Apac region witnessed a 20.4% year-on-year decrease in mergers and acquisitions MA, private equity PE and venture financing deals.

In total, 8,457 deals were announced within the region from January to July 2023, compared with 10,626 during the same period last year.

Within the three sub-categories, the number of MA, PE and venture financing deals dropped respectively by 10.9%, 7.8% and 28.7% in the same timeframe.

“The slowdown in dealmaking in Apac tracks a general global trend, and factors...