Singapore 9M M&A activity down 18% from a year ago: Thomson Reuters

SINGAPORE (Sept 24): Overall Singapore mergers and acquisitions (M&A) activity reached US$54.3 billion ($74 billion) so far this year, down 18.5% after a strong period in the first nine months of 2017 (9M17), but still elevated compared to historical levels, according to a preliminary review by Thomson Reuters data.

Average M&A deal size for disclosed deals also dropped to US$113.4 million from US$129.1 million in 9M17.

In 3Q18, deal activity in Singapore came up to US$12.9 billion, 53.9% lower than 2Q18 and 66.1% lower than 3Q17.

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