Thursday 28 Mar 2024
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SINGAPORE (Oct 24): Q3 was a quarter of top deals for Southeast Asia, spiking 81.8% on-year to US$26.7 billion (S$36.3 billion) across 97 deals, according to Mergermarket’s latest Southeast Asia M&A trend report Q1-Q3 2017.

The study also reveals that three of the region’s top five deals in the year to date (YTD) were logged in the third quarter, namely Global Logistic Properties’ (GLP) US$15.9 billion takeover and Grab’s US$2 billion acquisition – both of which are headquartered in Singapore – as well as a consortium’s August acquisition of a 47.5% stake in Energy Development Corporation for US$1.3 billion.

These latest figures bring the value of mergers and acquisitions (M&A) in Southeast Asia from Q1-Q3 to US$53.5 billion, 23.1% above the value recorded over the same period a year ago... (Click here to read the full story.)

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