mergers and acquisitions
Singapore M&A suffers 5.5% YoY decline in value
Both inbound and outbound M&A deals also declined in 1Q24.
Singapore M&A suffers 5.5% YoY decline in value
Both inbound and outbound M&A deals also declined in 1Q24.
M&A appetite declines to a 9-year low
Only 2 in 10 CEOs plan to ink an M&A deal in the next 12 months.
Deal volume in SG drops 20.8% YoY in the first three quarters of 2023
In APAC, activity fell 20.6% YoY to 10,761 deals.
Value of M&A deals drop 65% YoY in 9M23
The number of deals likewise declined.
Alpina Holdings nixed the proposed acquisition of Wan Dormitory
The agreement expired on 15 September 2023.
SGX-listed Eneco Energy to secure a stake in the Hoe Heng Group of Companies
EEL entered into deals to secure a 48% stake in HHPL.
CLAS seeks acquisition of $530.8m lodging assets in the UK, Dublin, and Jakarta
The proposed acquisition is 1.8% accretive to Distribution per Stapled Security (DPS).
Wing Tai cancels Holland Tower acquisition
It did not mention the details behind calling it off.
Digitalisation, decarbonisation drive M&A deals in APAC
In Q1, technology, media and telecom (TMT) was the busiest sector in the Asia Pacific by volume with 622 deals.
SG to see a 20% growth in inbound cross-border M&A activity in 2023
It is amongst the top growth markets this year.
Loosen requirements in acquisitions of business subsidiary to improve dealmaking: EY
It will enhance mergers and acquisition schemes in the country.
Deal making activity down 33.7% YoY in first nine months: report
Overall mergers and acquisitions reached $127b (US$13.8b) year-on-year.
MCT, MNACT merger to make way for larger acquisitions, projects: analyst
The merger was effective on 21 July 2022.
Frencken must ‘keep on the lookout’ for mergers and acquisitions: report
Frencken posted a net cash position of $72.8m as of March 2022.
Mergers, IPOs plunge in first half of 2022
The value of the seven IPOs in Singapore so far is 90% lower than last year's.
MatchMove buys SG-based startup Shopmatic for $275.14m
The deal is a first in a series of planned acquisitions.
What's next after Cuscaden gets SPH's non-media assets
UOB Kay Hian said Cuscaden might make a mandatory offer of $0.964 per share.
Read Here
Advertise
Sign Up
Commentary
AI is revolutionising learning: Why should educational institutions in Singapore embrace this change?
Seeking an office space in Singapore: Where do you start?