May 24 - Times of India - China and India are Asia's top two targets for merger and acquisitions in the financial services space, due to underlying economic growth conditions and interest in the two fastest growing economies of the world, a survey says.
"China and India still remain the top two targets for M&A in the region... and interest in India has increased to 39% from 36%," financial advisory firm PricewaterhouseCoopers said in an annual survey conducted with the Economist Intelligence Unit. The survey of 230 executives in Asia revealed that the financial services sector is expected to continue witnessing M&A deals in the next five years which are now expanding into other related sectors. Read More.
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