Deals

Asian Tycoons Hunt for Bargain Deals After Market Rout

  • Li Ka-shing’s son says pandemic presenting M&A opportunities
  • Governments wary of takeovers seek to protect local firms

Guo Guangchang

Photographer: Paul Yeung/Bloomberg
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Asian tycoons are looking to snap up assets pummeled by the deadly coronavirus at bargain prices, but they are also facing hurdles as more governments seek to deter foreign takeovers of local firms.