Singapore bucks regional M&A downtrend with 154% jump in H1 deal value
Apac ex-Japan activity slows to levels unseen since 2013 amid escalating US-China trade and technology war: report
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MERGERS and acquisitions (M&A) activity in most South-east Asian countries bucked the overall downtrend in the Asia-Pacific (Apac) ex-Japan for the first half this year, with Singapore recording US$17.1 billion in deals - a 154 per cent jump from a year ago.
Real estate behemoth CapitaLand's US$8.1 billion acquisition of Ascendas-Singbridge from Temasek accounted for almost half the city-state's total and remains the largest deal in Apac ex-Japan for the first six months this year.
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