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Singapore M&A deals fall sharply in Q2

Volume of completed deals that involved a Singapore party fell 37% to US$9.8b compared to the year-ago period

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The bulk of that came from the US$8.1 billion investment in US-based IndCor Properties Inc by Singapore-listed warehouse developer Global Logistic Properties and Singapore sovereign wealth fund GIC.

Singapore

MERGER and acquisition (M&A) deal volumes in Singapore dropped in the second quarter after a relatively robust start to the year.

The volume of completed deals that involved a Singapore party from April 1 until Monday fell 37 per cent to US$9.8 billion compared to the