Chinese outbound M&A comes of age

Author: IFLR Correspondent | Published: 22 Mar 2017

By James Wilson

Samson Lo, head of M&A at UBS in Hong Kong where he specialises in M&A origination and execution, surveys the landscape for M&A transactions in Southeast Asia and looks at some of the developments that are shaping deals. Among the most significant changes impacting outbound Chinese M&A has been the tightening of capital controls in China to stem the depletion of foreign currency reserves, however Lo points to several positive drivers of cross-border deal growth including sophisticated deal making and an appetite for Asia-Asia deals.

What are the key dynamics at play in the M&A market in Asia?

One of the most influential recent developments has been the establishment of capital controls out of China. These controls have not stopped the music but they have slowed it down. When Chinese buyers are looking for outbound acquisitions they...