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Eu Yan Sang deal makes Singapore top South-east Asia market for buyout exits in Q2: Preqin

Second on the list is sale of hazardous waste treatment firm ECO Industrial Environmental Engineering

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Joan Ng

Joan Ng

Published Wed, Jul 31, 2024 · 02:00 PM
    • Within this region, the largest transaction was the sale of an 86% stake in health and wellness brand Eu Yan Sang for S$687 million.
    • Within this region, the largest transaction was the sale of an 86% stake in health and wellness brand Eu Yan Sang for S$687 million. PHOTO: EU YAN SANG

    PRIVATE equity (PE) buyouts and exit activity are rebounding in Asia-Pacific, with Singapore leading the table for South-east Asia thanks to two large deals.

    Apac buyout deal value came to US$16.3 billion in the second quarter, according to Preqin data, up from US$8.3 billion in the first quarter. Regional buyout exit activity by number of exits rose slightly, and is now above the average quarterly value of the last two years.

    Within South-east Asia, Singapore accounted for the bulk of buyout exit activity by value.

    Private equityBuyoutsProperty

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