Which sectors are the most active in the M&A scene?

Energy sector knocks off real estate as the top notcher in 2016.

For the past year, the energy and the power industry took the lead for M&A activity, accounting for 31.1% of the market share worth US$22.1b, up 262.3% from 2015.

According to the data from Thomson Reuters, this is the highest-ever annual period for the sector in terms of deal value.

"This was bolstered by the pending stake acquisition in Essar Oil Ltd by Petrol Complex Pte Ltd of Singapore, a unit of Rosneft, and a consortium of Trafigura and United Capital Partners in two separate transactions with a combined value of US$12.9b," the report said, noting that this is the biggest any Singaporean involvement deal for the past year and the second largest deal on record for the overall Singapore M&A activity.

The energy and power sector knocked off real estate, which fell behind in second place and captured 18.9% market share worth US$13.5b, down 21.2% from 2015.

To recall, Singaporean state-owned GIC Pte Ltd definitively agreed to acquire PointPark Properties (P3 Logistic Parks) from TPG Real Estate, a unit of TPG Capital LP, and Ivanhoe Cambridge Inc for US$2.7b, in a secondary buyout transaction.

Meanwhile, the industrials sector rounded out the top three targeted industry, capturing 14.0% of the acquisitions involving Singaporean companies. In June, BOC Aviation Ltd, ultimately owned by state-owned Bank of China, completed its spin-off to its shareholders in a deal valued at $3.8b, pushing the deal making activity in the sector.

Also Read

Singapore strikes a balance in logistics supply per capita, trade: report

SGX RegCo confirms ESR Group Limited's eligibility to vote on Sabana REIT trust deed amendments

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit