Asia Pacific Investment Banking Scorecard – June 3, 2011
Asia Pacific Investment Banking Scorecard – June 3, 2011
JAPAN OUTBOUND M&A AT RECORD
HIGH
Japan outbound M&A YTD volume reached
US$33.2billion, the best annual start on record, up 265%
from the same period in 2010. M&A deals are targeted at the
Healthcare industry, with deal values reaching US$13.8
billion from 7 deals, compared to non-existent deal flow in
the sector last year. Switzerland and Brazil are the top
target nations, accounting for US$16 billion and US$2
billion of deal activity, respectively.
CHINA &
INDIA DRIVE ASIA PE INVESTMENTS
Asia ex Japan Private
Equity investments total US$9.5 billion, up 40%
year-on-year, with venture capital deals accounting for
roughly half of the tally at US$48 billion.
China and
India continue to lead PE in the region as the biggest
beneficiaries, attracting US$6.2 and US$1.5 billion worth of
disbursements for 81% of regional market share.
SOUTH KOREA'S EQUITY MARKET DOWN 71%
South
Korea equity issuance has dropped 71% from all time high of
US$10.4 billion to the current total of US$3 billion from 61
deals this year.
The decline is largely attributed to
lack of capital raised by IPOs, decreasing 80% from the same
period in 2010, a total US$1.4 billion from 24 offerings,
the lowest since 2007.
ENDS