M&A deal activity in region this year expected to match 2015 levels
Singapore
2016 HAS been a mixed bag for South-east Asia, with difficult economic conditions presenting themselves alongside new pathways towards growth. Against this backdrop, the region looks likely to finish the year with its mergers and acquisition (M&A) deal numbers on a par with levels seen in 2015, said Merrill Corporation, in collaboration with Mergermarket.
In their newsletter, Southeast Asia M&A: Trends Shaping The Region, they said that the region posted 281 M&A deals worth US$43.8 billion in the first three quarters of this year, suggesting that the full-year data would be similar to last year's when there were 388 deals worth US$47.6 billion.
Also of note is that Singapore is contributing to more than half the region's outbound investment in the first three quarters of this ye…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sanofi Q1 profit slips on generic competition, forex effects
Toyota hits record annual output, sales on robust demand
Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
Nissan, Mazda roll out new models for China as they aim for comeback
South Korea readies new system to detect illegal short-selling