Outbound deals - Singapore companies buying equity stakes offshore - formed the bulk of the M&A transactions. - ST
SINGAPORE (The Straits Times/ANN): Singapore saw fewer mergers and acquisitions (M&As) and other deals amid the coronavirus-induced recession this year, said a report on Tuesday (Dec 22).
A total of 640 transactions worth US$65.3 billion (S$87 billion) -- including M&As, initial public offerings (IPOs), and private equity and venture capital deals -- were recorded from December 2019 to November 2020, according to the latest Duff & Phelps Transaction Trail Report.
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