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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
ExxonMobil sees Hess arbitration dragging into 2025, CEO says
Gold prices tick higher on US rate cut bets
Nomura targets 20% revenue growth from global markets business
FLCT posts 1.1% lower H1 DPU of S$0.0348 on higher vacancies, expenses
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
Segantii allegations roil a go-to block trader for global banks