2019 M&As may still top 2018's, with property dominating deals
Lawyers cite slowing China growth, Beijing clampdown for softer market, although outbound M&A from Singapore expected to be active
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CAPITALAND'S acquisition of Ascendas-Singbridge for S$11 billion may have opened the year with much optimism for billion dollar tie-ups, but the truth of it is that deals of this size are likely to be few and far between.
That said, real estate will remain an active area for merger and acquisition (M&A) activity this year.
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