Recovery in Asia M&A, stuck at eight-year-lows, rests on macro conditions


HANOI, Dec 19 (Reuters): Stronger Asia-Pacific mergers and acquisitions activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eight-year lows by financing costs, weak equity markets and China's pandemic controls, dealmakers said.

Deals are set to revive slowly as companies and funds watch out for easier macroeconomic conditions, they said. Hopes that Chinese companies will return to the market have strengthened.

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