Staff Reporter
,
Singapore
Photo from Envato Elements
There were 61 M&A deals in Q3.
Singapore registered 61 mergers and acquisitions (M&A) deals in Q3, dropping 19.7% year-on-year (YoY) and 26.5% quarter-on-quarter (QoQ), Datasite reported.
Deal value dropped 3.4% QoQ to $15.9b (US$11.9b), but rose 5.9% compared to April to June, suggesting that large buyers have been focusing on strategic, higher-impact transactions.
Notable transactions include ThaiBev's acquisition of a 41.3% stake in Fraser & Neave for $2.8b (US$2.1b) through a share swap with TCC Assets, during which ThaiBev transferred its 28.8% stake in Frasers Property.
Join
Singapore Business Review
community
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!