The mergers and acquisition (M&A) deal activity in the Asia-Pacific (APAC) region remained inconsistent during the first quarter (Q1) of 2020, said a study.

GlobalData revealed that the number of announced M&A deals decreased from 494 in February 2020 to 457 in March 2020 while at the same time the deal value increased from $24.1bn to $28.6bn.

According to the