Merger and Acquisition deal volumes in Asia for 2023 have been at the lowest levels since 2013, with Refinitiv data showing M&A value for January through June dropping 41 percent to reach $362 billion.
So why have deal volume suffered so much in the first half of 2023?
Narrowing in on the tech sector, what do these M&A numbers mean for growth prospects within the tech ecosystem?
On Money in the Market, Emaad Akhtar speaks to Shauraya Bhutani, Co-Founder & Partner, Capital Connect Advisors to find out more.
Highlights:
1:13 - Why has deal volume suffered so much in the first half of 2023?
5:20 - What does it mean for the tech ecosystem and growth prospects?
8:38 - What is the outlook for Tech sector M&As in the second half of 2023 and moving forward into 2024?
9:53 - Why have tech sector IPOs also witnessed a downward trend?
12:24 - Is this the right time for entrepreneurs to start a business in the Southeast Asian tech sector?