We could finally be on the cusp of the MA renaissance that we have been waiting for since cross-border MA activity peaked in 2007. Judging by the findings from our fifth annual MA survey, conducted jointly with Clifford Chance, all the makings are in place for a strong year for Asian MA.
Almost three-quarters of our respondents expect cross-border outbound MA from strategic acquirers based in the Asia-Pacific region to increase on last year in the next 12 to 18 months. Two-thirds expect intra-Asia-Pacific MA to grow from last year. And given that 34% of the 183 respondents to our survey this year are...