Singapore M&A deal value up 125.6% to US$35.3b in 2019
This, despite a 5% dip in deal count, says Mergermarket, which names Temasek Holdings as a key player with two major deals
Singapore
SINGAPORE'S mergers and acquisitions (M&A) activity totalled US$35.3 billion last year, up 125.6 per cent from 2018, deal intelligence service Mergermarket said in a report on Friday.
This is despite a 5 per cent dip in the deal count; 134 deals were closed, down from 141 deals in 2018.
Singapore bucked the region's downtrend in M&A activity, which Mergermarket attributed to the city-state's status as a "safe haven" for international investors amid geopolitical uncertainties elsew…
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