Amid Economic Uncertainties: Asia-Pacific Finance M&A Shows Sluggishness
Amidst economic uncertainties gripping the Asia-Pacific region, particularly within the financial sector, M&A activities are experiencing a significant slowdown. The cautious approach of buy-side participants is evident, with deal volume in the sector seeing a nearly 14% year-on-year decline in Q1 2024. This downturn is mainly attributed to macroeconomic challenges such as geopolitical risks, economic instability, and increased funding costs.