M&A in Southeast Asia - 2023 Q1

(Originally posted on April 3, 2023)

The first quarter of 2023 has seen a slow but consistent deal-flow in the region, but limited in terms of scale. The theme of majors exiting the region has continued, with this quarter seeing a deal announced that will see Chevron exit Myanmar.

The chart below summarises the deals announced in the quarter:

It should be noted that there are a number of deals where no value was announced. Where this is the case, the deal has no value in the chart above.