Japan tech skills, Mideast money to drive more Asia M&A: Citi exec

Jan Metzger sees continued growth for acquisitions in region this year

20240422N Citi Metzger

Jan Metzger, managing director and head of the investment banking division in Asia at Citigroup, spoke with Nikkei. (Photo by Akikazu Ishii)

SAKI AKITA, Nikkei staff writer

TOKYO -- The mergers and acquisitions market in Asia will grow in 2024, said Jan Metzger, the head of Citigroup's investment banking division in Asia excluding Japan, in a recent Nikkei interview where he pointed to extensive investing opportunities in Japanese technology and beyond.

The total value of M&A deals involving Japanese players grew roughly 50% in 2023 to a five-year high of around 23 trillion yen ($149 billion), according to LSEG Data & Analytics, formerly Refinitiv.

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