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Business deals

Coronavirus set to ravage new deals across Asia

Dealmaking plunged in 2019, but 2020 could be worse

A screen broadcasts stock market news on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 11, 2020   © Reuters

SINGAPORE -- The coronavirus outbreak will likely have a severe impact on new stock market listings across Asia this year and hinder mergers and acquisitions, according to global consultancy Bain & Co.

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