Investment Banking

Asia joins the trillion-dollar club

Hydro power deal earlier in November propels M&A activity involving targets in the region past $1 trillion for the first year ever

Asia joins the trillion-dollar club

Dealmakers across Asia are already celebrating a record year, with mergers and acquisitions involving an Asia Pacific-based target bursting through the $1 trillion mark for the first year ever.

Asia joined the trillion-dollar club on November 7, according to data provider Dealogic, when a $6.2 billion acquisition by hydro power operator China Yangtze Power was among seven deals announced that day.

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