Singapore's deal activities down by 17% so far this year
M&A slow patch more pronounced on quarterly basis, falling 26.7% to US$12b in Q3 from a year ago
Singapore
BIG ticket deals such as the US$3.8 billion BOC Aviation spinoff and the US$2.5 billion sale of Asia Square Tower 1 - the largest single-tower office deal in Asia Pacific - could not push the deal-making scene in Singapore to beat last year's showing; so far at least.
According to a preliminary review by Thomson Reuters for the first nine months of this year, corporate deals in Singapore totalled US$37.5 billion - down 17 per cent from the first nine months of 2015.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Singapore shares open in the red on Tuesday; STI down 0.3%
Huawei’s pivotal role in the US-China tech war, from 5G to chips
CDL Hospitality Trusts reports 6.8% higher Q1 net property income of S$34.9 million
Starhill Global Reit posts 0.9% lower Q3 net property income of S$37.7 million
Binance and CZ ’s fortunes are set to grow, jail or no jail
Stocks to watch: Wilmar, MLT, FEHT, CDLHT, Starhill Global Reit, IReit Global