Property deals anchor buy-out activity

06 Sep 2009

Over a quarter of the US$4 billion in Asia (ex-Japan) M&A last week centred on property deals, primarily from Australia and China. Financial institutions drove debt issuance, while equity limped along. rounds up last week’s regional capital market activity.

Regional targeted M&A activity centered around property in the first week of September, with 15 deals worth US$1.2 billion.

This is more than a quarter of the US$4 billion transacted in Asia ex-Japan last week from August 31 to September 4, according to data provider Dealogic.

The property ...

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