Singapore M&A activity underpinned by GIC, with PE/VC on uptick

Singapore M&A activity underpinned by GIC, with PE/VC on uptick

Singapore skyline. Credit: CapitaLand.

Mega deals involving its sovereign wealth fund GIC helped Singapore drive up M&A activity in Southeast Asia in the first half of the year. Outbound acquisitions dominated activity and investors favoured healthcare and telecommunications firms, shows data by Duff & Phelps.

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