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S'pore Q3 M&A deals dive to S$7.7b

But US$61.7b total for nine months exceeds last year's US$41.8b total

Published Wed, Sep 17, 2014 · 04:00 PM

DEAL-making activity in Singapore moderated in the third quarter from the relentless pace seen in the first two quarters of the year.

The Republic saw mergers and acquisitions (M&A) deals of US$7.7 billion in the third quarter, down from US$29.4 billion in the first quarter and US$24.7 billion in the second, latest data from Thomson Reuters revealed.

Nonetheless, despite the dip in momentum, industry players foresee robust M&A activity again in the fourth quarter and next year.

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