Advertisement
Singapore markets close in 6 hours 5 minutes

  • Straits Times Index

    3,309.98
    +6.79 (+0.21%)
     

  • Nikkei

    38,688.66
    +452.59 (+1.18%)
     

  • Hang Seng

    18,522.20
    -56.10 (-0.30%)
     

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • Bitcoin USD

    63,646.50
    -310.83 (-0.49%)
     

  • CMC Crypto 200

    1,371.28
    +58.66 (+4.47%)
     

  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     

  • Dow

    38,852.27
    +176.59 (+0.46%)
     

  • Nasdaq

    16,349.25
    +192.92 (+1.19%)
     

  • Gold

    2,331.20
    0.00 (0.00%)
     

  • Crude Oil

    78.73
    +0.25 (+0.32%)
     

  • 10-Yr Bond

    4.4890
    -0.0110 (-0.24%)
     

  • FTSE Bursa Malaysia

    1,604.64
    +7.25 (+0.45%)
     

  • Jakarta Composite Index

    7,146.00
    +10.11 (+0.14%)
     

  • PSE Index

    6,654.65
    +2.16 (+0.03%)
     

Foreign acquirers target high-growth Singapore firms

Singapore Business Review

Acquisitions jumped 80% in 2H14.

Singapore firms are the favourite acquisition targets of high-growth foreign enterprises, a report by KPMG revealed.

The number of deals involving high growth market acquirers of developed market targets (H2D) jumped in the second half of 2014, showing a 'robust resurgence' in M&A appetite.

The number of H2D deals involving local targets jumped 80% in the second half, the steepest increase in all markets surveyed.

“Singapore is the epicentre of a rapidly growing region. The country is highly attractive for overseas corporations looking to expand into Southeast Asia, given its business-friendly environment and local companies' quality customer bases, branding and expertise,” said Benjamin Ong, Head of Mergers & Acquisitions, KPMG in Singapore.

ADVERTISEMENT



More From Singapore Business Review