From India to Korea to China, distressed M&A
opportunities are growing in the Asia-Pacific region as
corporates and governments begin dealing with their bad loans
Restructuring and insolvency rules are gradually changing to
manage the issue and opportunities are appealing to prospective
buyers, but those buyers need to be aware of regulatory
changes, according to panelists at the IBA Asia-Pacific M&A
Conference in Hong Kong last week.
Susannah Lindenfield, general counsel for Asia-Pacific at
Blackstone in Hong Kong explained that India and China present
great distressed M&A opportunities. "It has been difficult
to get majority stakes in companies, but now it’s
getting easier with regulations such as the Insolvency Code in
India changing," said Lindenfield. "Distressed real estate is
an area presenting...