Mergermarket, an Acuris company, the leading provider of M&A data and intelligence, has published its 4Q19/2019 report with financial advisor league tables, which reveal that M&A activity in the Asia-Pacific region reached $565.3 billion across 3,735 deals last year; the lowest value since 2013 and smallest deal count since 2014.
Deal-making regained some momentum, however, in the fourth quarter ($165 billion across 1,049 deals), which was the largest quarterly value and deal count during 2019. Market share shrank to 20.4 per cent in 2018 to 17 per cent in 2019.
China and Hong Kong (China) - the largest contributors to M&A activity in Asia - saw global market share shrink from 11.4 per cent to 8.8 per cent over the same period, while deal value plunged 27.6 per cent year-on-year to $294.5 billion and volume declined 17.2 per cent year-on-year to 1,735 transactions.
M&A activity in Vietnam in 2019 reached $4.544 billion across 47 deals, compared with $3.532 billion across 56 deals in 2018.
Top 5 deals in Vietnam in 2019:
Deal Value ($mn) | Announced Date | Completed Date | Target Company | Target Dominant Country | Target Dominant Sector | Target Financial Advisor | Target Legal Advisor | Bidder Company | Bidder Dominant Country | Bidder Sector | Bidder Financial Advisor | Bidder Legal Advisor | Seller Company |
1.001 | 16/05/2019 | 21/05/2019 | Vingroup Joint Stock Company (6.15% Stake) | Vietnam | Real Estate | Credit Suisse | Latham & Watkins LLP | SK Holdings Co., Ltd. | South Korea | Computer services,Computer software | KPMG | ||
876 | 22/07/2019 | Joint Stock Commercial Bank for Investment and Development of Vietnam (15% Stake) | Vietnam | Financial Services | Morgan Stanley | Hana Bank | South Korea | Financial Services | PwC | Bae Kim & Lee | |||
500 | 09/09/2019 | VCM Services and Trading Development Joint Stock Company | Vietnam | Consumer: Retail | Credit Suisse | A consortium led by GIC Private Limited | Singapore | Consumer: Retail | Latham & Watkins LLP | ||||
400 | 12/11/2019 | Vietcombank – Cardif Life Insurance Co., Ltd | Vietnam | Financial Services | FWD Limited | Hong Kong SAR | Financial Services | BNP Paribas Cardif SA; Joint Stock Commercial Bank For Foreign Trade Of Vietnam (Vietcombank) | |||||
303 | 19/07/2019 | 03/06/2019 | Asian Coast Development Ltd | Vietnam | Leisure | Warburg Pincus LLC | USA | Financial Services | Latham & Watkins LLP | Harbinger Capital Partners |