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Singapore the most targeted nation for M&As in Southeast Asia

Bids for F&N, Thai Bev, OUE totaled $21.9b.

According to Dealogic, Asia Pacific (ex Japan) M&A volume totaled $509.4bn in 2012, down 5% on 2011 ($535.1bn) and the lowest volume since 2009 ($395.7bn). But despite the overall decrease, volume increased each quarter of 2012 from $112.2bn in 1Q 2012 to $157.3bn in 4Q 2012, the highest quarter since 4Q 2011 ($179.5bn).

Here's more from Dealogic:

Asia Pacific (ex Japan) targeted deal count was 9,859 in 2012, down from 11,689 deals in 2011 and the lowest activity since 2006 (8,470)

As a result of the competing bids for Fraser & Neave by Thai Beverage and Overseas Union, totaling $21.9bn, Food & Beverage remained the most targeted sector for Asia Pacific (ex Japan) in 2012 with a record $53.2bn

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China continued as the most targeted nation in Asia Pacific (ex Japan) in 2012 with $183.4bn, the second highest volume on record after 2011 ($187.1bn)

A record 84% ($154.6bn) of China targeted volume was domestic in 2012, up from a 75% share ($140.2bn) in 2011

South East Asia M&A reached record high volume of $110.4bn in 2012, 61% higher than 2011 ($68.6bn). Despite the increase in volume, activity decreased 13% to 1,989 in 2012 from 2,299 deals in 2011

Average deal size reached a record high of $83m in 2012, 77% higher than $47m in 2011

Singapore was the most targeted nation in South East Asia with a record $52.5bn in 2012, nearly three times the $17.8bn announced in 2011. Malaysia was second with $19.2bn, up 11% on 2011 ($17.3bn)



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