H1 M&A deals in Singapore up 19% at US$33.8b

Singapore

MERGER and acquisition (M&A) activity in Singapore in the first half reached heights not seen since H1 2014, with the total value of deals up 19.1 per cent to US$33.8 billion from H1 2017.

A preliminary review of M&As in the first half published by Thomson Reuters noted that the figure - based on data accurate as at June 18 - was driven mostly by activity in Q2 2018.

Deals in Q2 amounted to US$21.6 billion, up 76.8 per cent from Q1 2018 and up 23.4 per cent from Q2 2017.

Average deal size also rose, with disclosed M&A deals growing to US$127.1 million in H1 2018, compared to US$86.8 million in the correspondi…