Japan tech skills, Mideast money to drive more Asia M&A: Citi exec
TOKYO -- The mergers and acquisitions market in Asia will grow in 2024, said Jan Metzger, the head of Citigroup's investment banking division in Asia excluding Japan, in a recent Nikkei interview where he pointed to extensive investing opportunities in Japanese technology and beyond.
The total value of M&A deals involving Japanese players grew roughly 50% in 2023 to a five-year high of around 23 trillion yen ($149 billion), according to LSEG Data & Analytics, formerly Refinitiv.