Asian merger and acquisition activity reached a record high of US$707.7 billion in the first half of 2021, up 75% from the previous year. Despite the significant spending, 60% of public company M&A deals in Australia fail. To ensure successful acquisitions, focus on clear value creation strategies, revenue synergies, and the transformative impact on stakeholders. Additionally, prioritize post-merger integration, understanding real assets, senior team involvement, and a balanced approach to negotiating the purchase price.
Full Article
China unlikely to blink first as Trump’s trade war enters uncharted new territory
Since Trump's initial trade war with China in 2018, Beijing has increased trade with other countries to reduce its reliance on the US. The escalating tariff threats between the two nations have resulted in a 104% tariff rate on Chinese imports by the US and a 34% reciprocal tariff on US imports by China, sparking tensions and a war of words between the two economic powerhouses. Full Article
Read more