'A-Pac out-bound M&A hits record high of USD 313 bn in 2015'

Asia-Pacific out-bound merger and acquisitions touched a record high of USD 313.4 billion in 2015, and the outlook for this year looks bullish with India likely to remain a hot target, a report says.
According to multinational law firm Baker and McKenzie's quarterly cross-border M&A Index, out-bound M&A activities from the Asia Pacific in the fourth quarter of 2015 registered an 11 per cent year-on-year increase to USD 71.8 billion, pushing the year's total to USD 313.4 billion on the back of 1,268 deals.
China, Japan, Hong Kong, Australia and Singapore are the top five most active acquirers in 2015 by deal volume among Asia-Pacific countries.

The report noted that India and Australia emerged as the favourite destinations for the US and European companies while China continued to lead the pack with 254 deals worth USD 42.3 billion in 2015.
"India's technology sector was particularly attractive to foreign buyers last year, rising to 44 deals, including transactions such as US-based IT outsourcing firm Virtusa's acquisition of a 53 per cent stake in India software company Polaris for USD 350 million," the report said.
Going forward, the report said the M&A outlook looks promising as the transactional activity in the Asia-Pacific region will continue to rise from 2016 to 2018 on the back of the region's strong economic fundamentals.

"Technology is likely to remain a hot sector for cross- border M&A activity, be it for China because of the government policy, or for India because of the country's strong culture of innovation, growing educated middle class, and the proliferation of IT outsourcing companies," the report added.

While on Flipkart, users will get additional discount on
exchange, extra 10% off on major credit and debit cards, MakeMyTrip Gift card and 1 year LeEco Membership.
- Le Max2 -Buying the flagship Superphone on LeMall.Com, users will get discount, 10% cashback on HDFC credit and debit cards# or 6 Months No Extra Cost EMI on HDFC credit cards, free CDLA earphones, 1 year LeEco membership and attractive MakeMyTrip discount vouchers* .While buying through Flipkart users will get discount, extra 10% cashback on all credit and debit cards, MakeMyTrip discount vouchers, Free CDLA earphones and 1 year LeEco membership.

- Le 1s Eco - Picking up a Le 1s Eco through Flipkart users will get discount, extra 10% off on major credit and debit card, free earphones and MakeMyTrip gift card. *The MakeMyTrip gift card/discount vouchers will be valid for a period of six months and can be easily redeemed on the MakeMytrip website or app to make hotel bookings.
#For terms and conditions, please visit: https://bsmedia.business-standard.comin.Lemall.Com/in .
For any more motivation to shop for LeEco Superphone during the EPIC 919 SuperFans Festival sale, watch the video below:
https://www.Youtube.Com/watch?v=LbJgGjcqYH4&feature=youtu.Be
About LeEco:
LeEco, formerly known as Letv, is a global pioneering Internet and technology company with multiple Internet ecosystems across content, devices, applications and platforms. Founded in November 2004 by Jia Yueting and Liu Hong, LeEco employs more than 14,000 people and is the world's first video company to go public with a market capitalization of more than $12 billion USD. Headquartered in Beijing, China, it has regional headquarters in Hong Kong, Los Angeles, and Silicon Valley.

With 'Breakthrough Technologies, Comprehensive Ecosystem and Disruptive Pricing' as the guiding principle, LeEco is engaged in a myriad of businesses, spanning from Internet-based Super TV and Superphones, video production and distribution, smart devices/accessories and large-screen applications, to e-commerce and even connected super-electric cars.
The company also features one of the world's largest content libraries, comprising of movies, TV dramas, entertainment shows, sports and music, which can be conveniently viewed on LeEco products, including the Superphones, Super TVs, and in the near future, LeAuto. Breaking the barriers of industries, LeEco provides personalized products and services for an enhanced user experience at disruptive prices.

Media Contact: Nitin Kinger nitinkinger@le.Com +91-9769988304 LeEco India
Source: Le Ecosystem Technology India Pvt. Ltd.