What has been the trend in Asian MA during the course of 2006
At the beginning of this year many believed 2006 would be dominated by outbound MA from China, given the publicity surrounding that activity in 2005. Early in the year, I observed that only a couple of transactions had closed and that I did not see an emerging trend - my view has not changed. To be sure, any given year could see one or two transactions - and when they happen they will attract attention as it will be the larger, more widely known companies that are involved.
The MA activity...