Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Asia Pacific mergers and acquisitions activity continued on a downward trajectory in the second quarter of this year as COVID impacts lingered, making the slowest first half since 2013, according to data collected by Mergermarket.

In the six months ended June 30, the Asia Pacific, excluding Japan, generated $225.6 billion worth of mergers and acquisitions, down 17% from the same period last year and the lowest first-half value since 2013. Between April and June, the region only saw $104 billion worth of M&A deals, the lowest second-quarter number since 2012, according to Mergermarket data. Tesco Plc.’s $10.6 billion sale of its Thailand and Malaysia business and an $8 billion merger of two Singaporean REITs, both deals from the first quarter, remained the region’s top M&A deals in the first half.

Indian firm AZB & Partners advised the most M&A deals in terms of deal value across the Asia Pacific excluding Japan in the first six months of 2020. The firm took the top ranking partly because of its roles advising Jio Platforms Ltd., the digital and telecom arm of Indian conglomerate Reliance Industries Ltd., on a series of deals that have raised over $15 billion from investors ranging from Facebook to buyout houses such as KKR. The Jio deals also helped put Shardul Amarchand Mangaldas, which has advised several investors, in the second spot of the first half’s M&A legal adviser rankings.

This premium content is reserved for
Law.com International Subscribers.


  • Customized news by region including UK, Asia, Europe, Latin America, Middle East, Africa, and North America
  • Cutting-edge research such as UK Top 100, China 45, and Asia 50
  • Get the inside track on the biggest breaking stories that delve deep into the issues behind the headlines
  • Comprehensive coverage of the dynamic legal market from people moves to the major international jurisdictions
  • Global view into how legal tech, business of law, in-house and regulatory environments are intersecting worldwide

Already a subscriber?

Anna Zhang

Anna Zhang is the Hong Kong-based Asia Bureau Chief for Law.com International. She writes about lawyers and legal issues across Asia. Her coverage includes the business of law, global and domestic law firms, in-house legal departments and regulatory issues. She can be reached at [email protected]

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

Savings Institutions: Mergers, Acquisitions and ConversionsBook

Savings Institutions: Mergers, Acquisitions and Conversions brings you thorough and up-to-date on subjects such as thrift mergers and acquisitions; preemption of state la...

Get More Information

Law.com International Newsletters & Briefings

Sign Up Today and Never Miss Another Story.

Sign up for an unlimited number of complementary newsletters, alerts, and International Briefings. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 American Lawyer Media International, LLC. All Rights Reserved.