This year has turned out to be a patchy one for MA deal flow out of Asia, due to a slowdown in China and a cyclical downturn in the mining sector, where most of the large deals are struck.
According to Dealogic, the total value of completed deals from Asia ex-Japan this year is $284 billion, which is 16% lower than the whole of 2012.
“MA volumes are down this year. One of the primary reasons has been elections in a number of countries, and the leadership change in China, which impacts state-owned enterprise outbound activity,” said Mayooran Elalingam, head of MA, Asia at...