A total of 215 deals were announced in the Asia-Pacific (APAC) region during the week ended 29 March 2020, according to GlobalData’s deals database.
The number marked a decrease of 18.6% when compared with 264 deals announced during the previous week. Deal activity in the APAC region and across the globe has been experiencing a decline due to the coronavirus (COVID-19) outbreak.
In most of the key APAC markets, deal activity saw a plunge during the week ended 29 March 2020 compared to the previous week.
Deal volume in India dropped by 63.4%, while South Korea and China experienced 40% and 4.4% decline, respectively. Japan and Australia, however, witnessed 20.7% and 40% growth in deal volume.