The first five months of 2005 have seen record levels of MA from Asia Pacific, with announced volumes up 69% year-on-year to $179 billion according to JPMorgan. The bank says there have been a total of 20 deals exceeding $1 billion in size so far this year and believes 2005 will continue to break records.
The first quarter of 2005 was one of the strongest quarters we've seen and was up materially from last year, says JPMorgan's head of investment banking and head of MA, Todd Marin. What we have seen is an MA market in Asia-Pacific that is now close to 20% of the global...
