Asia-Pac M&A hits highest Q1 value since 2001: report
Temasek's purchase of AS Watson stake third largest deal in Q1 this year
Fri, Apr 04, 2014 - 6:00 AM
Temasek Holdings' recent acquisition of a 24.95 per cent stake in Hong Kong-based AS Watson & Co from Hutchison Whampoa for US$5.7 billion was the third-largest deal in the region in the first three months of this year - PHOTO: REUTERS
THE first three months of this year saw the highest first quarter mergers & acquisitions (M&A) activity in the Asia-Pacific region (excluding Japan) in deal value since 2001, with Singapore's Temasek Holdings playing a significant role through one of the largest deals.