Bankers in Asia brace for a virus-related deal drought
Share:
HONG KONG/SINGAPORE (Reuters) - Bankers in Asia are bracing for a deal drought as efforts to limit the spread of the coronavirus epidemic have put key meetings and roadshows on hold.Several auctions of assets are facing delays or re-assessments and preparations for potential Chinese initial public offerings (IPOs) are also slowing, bankers said."All our deals are on hold now - capital markets or M&A. Nothing is happening," said a Hong Kong-based senior investment banker with a Wall Street..