Insights
Deal Drivers: APAC FY 2023
February 14, 2024 (Last updated November 20, 2025) | Report
Deal Drivers: APAC FY 2023
Highlights:
- APAC M&A was led by the industrials & chemicals sector by value in 2023.
- Telecoms, media & technology led M&A transactions by volume despite decreased activity.
- APAC's economic growth in 2023 was marked by a GDP increase of 4.6%.
- The GDP growth in 2022 was recorded at 3.9%.
In partnership with Mergermarket, a service of ION Analytics
APAC M&A was very much an industrial affair, with industrials & chemicals (I&C) leading M&A by value in 2023. Telecoms, media & technology (TMT) activity eased off considerably, though it still managed to lead dealmaking transactions by volume.
APAC remained the world’s growth engine in 2023. Economic output rebounded in China and continued to expand in India and several ASEAN industrial economies. The International Monetary Fund expects the region’s GDP to have expanded by 4.6% last year, an increase from 3.9% in 2022.
Learn more about M&A in APAC with a sector-wise analysis and discover the emerging trends that will influence dealmaking for the rest of the year in our Deal Drivers: APAC FY 2023 report.
What's Inside?
- APAC M&A Market Summary and Outlook
- APAC Heat Chart based on potential companies for sale
- APAC Top Deals in FY 2023
- League Tables: Top financial, legal, PR, and PE advisers by value and deal count
- Sector-by-Sector Analysis
- Top 10 deals by sector: consumer; energy, mining & utilities; financial services; industrials & chemicals; pharma, medical & biotech; real estate; telecoms, media & technology
- Quarterly M&A activity by value and deal count
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