Enhanced due diligence needed to avoid M&A fraud

With M&A volumes booming in Asia, the chances of fraud are also on the rise. EY argues would-be acquirers need to conduct forensic due diligence to minimise these risks.

Companies looking to buy in Asia and especially China should conduct forensic due diligence if they want to minimise the chance of overpaying for companies with overstated revenues and profits, or understated liabilities, believes consultancy EY.

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