APAC’s leading M&A advisers revealed
Mergermarket has released its M&A league table for Q3 2017, revealing Asia-Pacific’s top legal advisers in terms of deal value and count.
According to the APAC M&A report, Allens has retained their top spot for deal value, nabbing US$20.3 billion for Q3 2017.
In terms of deal count, Herbert Smith Freehills came out on top, recording 53 deals for Q3 2017.
This was followed by Gilbert + Tobin with 42, King & Wood Mallesons with 36, MinterEllison with 35 and Ashurst with 32.
Collectively, the report noted that global M&A has “stuttered” following a “strong showing in the first half of the year”.
“As firms attempt to adapt to ever-changing political and technological change, global M&A has stuttered over the summer, following a strong showing in the first half of the year. The third quarter of 2017 has seen just US$674 billion, the lowest quarterly value since Q1 2016 when 4,349 deals worth US$ 623.4 billion occurred,” the report said.
“Asia-Pacific (excl. Japan) M&A activity experienced a pullback in the third quarter of 2017. The region recorded 831 deals valued at US$157.8 billion in Q3 2017, a 10.9 per cent drop by value from Q3 2016 (US$177.2 billion, 930 deals).
“APAC outbound M&A deal value declined by 40.3 per cent in Q3 2017, to US$26.8 billion, from US$44.8 billion in the same period last year. The drop is in line with the Chinese government’s efforts to curb excessive deal-making. Chinese companies will still continue to search for acquisitions, but will reserve their efforts for transactions that are business critical.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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