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

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) 



More From Singapore Business Review

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...

Explore Related Contents

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

MARKET MOVERS

    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      1.4199+0.0023+0.16%
      USDSGD=X
      1.5044-0.0001-0.01%
      EURSGD=X
      1.7699+0.0035+0.20%
      GBPSGD=X
      79.8010+0.037+0.05%
      SGDJPY=X
      5.4629-0.0085-0.16%
      SGDHKD=X
      3.1409-0.0027-0.09%
      SGDMYR=X
      9,433.5537-16.6973-0.18%
      SGDIDR=X
      4.8401-0.0086-0.18%
      SGDCNY=X
      1.0908+0.0013+0.12%
      AUDSGD=X
    • Commodities
      Commodities
      NamePriceChange% Chg
      1,236.20-5.40-0.43%
      GCJ17.CMX
      18.02-0.05-0.30%
      SIH17.CMX
      92.56-1.90-2.01%
      ^XAU
      2.75+0.03+1.16%
      HGH17.CMX
      53.98+0.23+0.43%
      CLJ17.NYM
    • Bonds
      Bonds
      TreasuryYield (%)Yield Change
      1.91-0.03
      ^FVX
      2.42-0.03
      ^TNX
      3.03-0.02
      ^TYX