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Singapore corporate M&A activity down in 2022, but matches pre-pandemic levels

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Market insiders say the level of Singapore-based M&A activity was still largely in line with pre-pandemic levels.

Market insiders say the level of Singapore-based M&A activity was still largely in line with pre-pandemic levels.

PHOTO ILLUSTRATION: PEXELS

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SINGAPORE – Corporate merger and acquisition (M&A) activity fell in 2022 in Singapore and across the region as markets turned volatile and companies became cautious amid rising interest rates.

However, market insiders say the level of Singapore-based M&A activity was still largely in line with pre-pandemic levels, though much of it was focused on larger conglomerates, especially Temasek-linked entities.

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