Singapore sees slowest start to M&A activity in four years
Q1 deals down 21% to US$7.7b year on year, but average deal size is up at US$88m: Thomson Reuters
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE mergers and acquisition (M&A) scene in Singapore is witnessing its slowest start since the first quarter of 2013.
According to data compiled by Thomson Reuters, the value of announced M&As involving Singaporean companies reached US$7.7 billion in the first three months of this year, down 21.0 per cent from the US$9.7 billion seen in the same period in 2016. Announced deals fell 38.1 per cent to 146, from 236 a year ago.
Copyright SPH Media. All rights reserved.