After over a year of picking through distressed opportunities, M&A is resurgent. As speakers at IFLR’s M&A Forum revealed, there are attractive targets in sectors and jurisdictions across Asia. But regulatory gaps remain. Panellists pointed out areas for improvement and helped delegates navigate their way through M&A activity in the region.
Here are some of the highlights:
“There is a bias in the judicial system regarding takeovers. This is born out of the paternalistic need to protect small shareholders.” Ben Jenkins, senior managing director at The Blackstone Group, on PCCW and the difficulty of doing take-privates in Hong Kong
“We closed a...