Singapore sees slowest first half period M&A activity since 2013

SINGAPORE (June 15): The value on mergers and acquisitions (M&A) involving Singaporean companies have hit US$11.8 billion ($16.3 billion) as 2Q17 comes to a close, says Thomson Reuters in a review released on Thursday.

This is a 10.4% increase from 1Q17 despite a 16.3% drop in announced deals. For 1H16, this is a 20.3% decrease to US$22.4 billion in overall M&A activity even as deals decline 23.4%.

This makes the 1H17 the slowest for Singapore deal-making activity since 2013.

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