Singapore still the most active M&A bidder in S-E Asia: report

SINGAPORE remained the most active bidder in mergers and acquisitions (M&As) among South-east Asian countries over the course of last year, a Mergermarket report yesterday showed.

This comes, however, amid a waning appetite for M&As in the region. The total value of outbound deals last year was US$21.6 billion, down about 30 per cent from 2012.

Singapore companies reported 90 bids last year totalling US$17.4 billion, up 74 per cent from 2012's US$10 billion in outbound acquisitions.