Jul
30
Asian Buyers Still Active in M&A Despite China Uncertainty
Posted in: Uncategorized
Asian buyers are increasingly aggressive in the M&A sector, and Dentsu and WPP were the most active of all the marketing communications groups in the first half of 2015.
According to Ciesco Market Intelligence, Asian groups accounted for four of the 11 most active companies in the first half of this year, with Dentsu and WPP tied for most acquisitions at 13 each. Another group, Research International, said Dentsu did 19 deals and WPP 15.
In addition to Japanese giant Dentsu and Korea’s Yello Mobile, two Chinese companies are also in Ciesco’s top 11: Alibaba and Keda Group, which deals mainly with infrastructure and real estate, but spent $481 million on Guangzhou Huayi display advertising in January 2015.
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