Singapore M&A increases 14% this year, highest since 2014: report

The skyline of the Marina Bay central business district.
The skyline of the Marina Bay central business district. PHOTO: REUTERS

SINGAPORE - Deal-makers in Singapore made a record US$71.3 billion (S$103.1 billion) worth of deals this year, with the energy and power sector making up the lion's share.

The total value of announced mergers and acquisitions (M&A) involving Singapore companies rose 14 per cent to US$71.3 billion from last year (2015), the highest since 2014, where the value was US$94 billion, Thomson Reuters data released yesterday found.

The Republic saw M&A deals of US$25 billion in the fourth quarter, up 41.5 per cent from the same period last year.