Asian Tiger: still growling
The survey – conducted by London-based global law firm Norton Rose – details key mergers and acquisitions issues and offers guidance on regulatory constraints covering transactions in 13 regional jurisdictions.
The report points to several highlights over the last 12 months, specifically, updated merger control rules in India, which took affect a year ago, and Malaysia’s general competition law regime, which kicked off at the beginning of this year.
Norton Rose Asia partner Jake Robson commented: ‘Whilst global M&A activity levels have been negatively affected by volatility in global markets and the ongoing Eurozone crisis, the Asia Pacific region has, to date, remained largely unaffected and M&A activity remains strong. This has been driven to a large extent by multi-nationals and both Asian and non-Asian institutional and sovereign funds seeking to break into or gain a stronger presence in this high growth region.’