The deal appetite for high-quality assets globally will continue in 2023 despite fears of a coming recession, according to the co-head of Asia mergers and acquisitions at UBS Group AG. Know more:
THE deal appetite for high-quality assets globally will continue in 2023 despite fears of a coming recession, according to the co-head of Asia mergers and acquisitions at UBS Group AG.
Optimism is rebounding in Asia as China abruptly called an end to the its strict pursuit of Covid Zero last year and two days ago partially reopened its borders to foreign travelers. Globally, M&A deals shrank 33% last year, with Asian dealmaking sliding 22%, according to data compiled by Bloomberg.
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