Is Asian MA going retro First we had JP Morgan advising on both sides of a transaction in Taiwan, and late on Friday, ING Barings announced it was doing the same in Singapore.
MA professionals must be wondering what has happened to the concept of two advisers In the heyday of Asian MA last year, PCCW and related parties had almost 10 advisers, but in recent deals the old Asian practice of a single adviser has resurfaced.
ING Barings latest coup is for two of Singapore tycoons, Kwek Leng Beng companies, Hong Leong Finance and Singapore Finance Ltd. ING Barings has advised both listed companies on an asset swap that sees...
