Bank of Ayudhya (Krungsri) sees greater opportunity for large corporate customers to make merger and acquisition (M&A) deals this year thanks to a clearer economic outlook following the easing of the pandemic.
The bank has more than 10 M&A deals in the pipeline, both domestically and and in the international markets, mainly renewable energy projects as well as food and beverage.
Most are mid-sized deals valued at 1-5 billion baht per deal, said the head of Krungsri’s corporate and investment banking group, Prakob Phiencharoen.
The M&A opportunities this year exceed those available the past few years during the pandemic, as several firms…
