Page 17 - ஷார்துள் அமர்சந்த் மங்கல்தாஸ் இணை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  As vaccinations occur globally and the threat of the COVID-19 pandemic recedes, dealmakers are beginning to feel more optimistic about M&A in the Asia-Pacific region in 2021. According to Reuters, coronavirus-spurred growth in the technology sector will help drive M&A activity in the Asia-Pacific this year, citing predictions from bankers and lawyers, with the potential easing of Sino-U.S. tensions likely to revive Chinese outbound investment. Deals involving Asia Pacific firms totalled $1.2 trillion in 2020, up 12 percent from 2019, reports Reuters Seven of the year’s 10 largest transactions were announced in the third quarter, which in total accounted for 40 percent of the year’s deals by value. High technology and telecommunications companies surged to a 23 percent share of deal value, up from 14 percent last year, while retail and consumer products and services firms also reported growth, Reuters added.

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