mergers and acquisitions
CCCS greenlights Esteel’s partial stake acquisition in HG Metal
CCCS greenlights Esteel’s partial stake acquisition in HG Metal
The competition watchdog sought public feedback from 13 June until 26 June.
Healthcare sector sees renewed interest from corporate buyers
The healthcare industry recorded a deal value of US$1.13b (SG$1.53b) between January and April.
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.
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