Private equity returning to M&A market, says LCM

Event-driven funds will be happy to see a resurgence of M&A arbitrage opportunities in Asia, says Gregory Lafitte, head of Asian merger arbitrage at Louis Capital Markets (LCM) in Hong Kong. “There are four distinct issues that point to a growth in mergers and acquisitions,” he tells AsianInvestor. “A renewed interest from private equity funds, attractive stock valuations, cheap financing costs, and cash balances held by acquiree companies. "Private equity will no doubt remain act…