BUSINESS STRATEGIES GROUP HONG KONG has issued its latest update on Asian Business Media M&A activities. In the past twelve months (August 2008 until July 2009), just 14 new deals were announced. BSG estimates the value of those acquisitions to be worth US$76 million.
This represents a significant slowdown in the B2B media M&A market. In 2008, there were a total of 23 deals valued at US$221.8 million compared to 30 transactions valued at almost US$459 million in 2007. That represents a 23% drop in the number of deals and a 52% fall in transaction value. The average deal size in 2008 was US$9.6 million down from more than US$15 million the year before.
To order the report contact: Kerry Wong at BSG Hong Kong Kerry@bsgasia.com