Singapore takes a lion share of Southeast Asian M&As Staff Reporter © Provided by Singapore Business Review
Investor appetite to acquire Singapore companies may have waned at the beginning of 2020, but it is now making a rapid recovery.
According to a report by Golden Gate Ventures, 42.6% of merger and acquisition (M&A) deals in Southeast Asia in 2020 were from Singapore. Deals from Indonesia followed closely at 39.2%. The remaining 18.2% of deals were spread across the rest of the region.
“Singapore continues to record the highest number of M&A deals in the region in 2020. It remains as the hotspot for deal activity in the region, with around US$3.66b raised in fundraising by privately-held companies in 2020. A large portion of this went to Grab, which raised US$1.6b,” said Michael Lints, partner for Golden Gate Ventures, in an e-mail interview with
Number of start-ups going public in South-east Asia predicted to triple by end of decade
straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.
Golden Gate Ventures forecasts a record number of exits in Southeast Asia – TechCrunch
techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.