238 views
Photo from Pexels by Sora Shimazaki

Singapore M&A deal activity drops 23.7% 

Deal activity in Asia Pacific declined 9.9% overall.

Singapore's mergers and acquisitions volume declined by 23.7%.

According to a report by GlobalData, the deal activity slowdown is part of a larger subdued deal activity trend, with all markets including Asia Pacific witnessing a decline in deal volume.

Countries in APAC like China, Australia, South Korea, Malaysia, Hong Kong and Indonesia saw YoY decline in deal volume by 21.1%, 2.6%, 1.3%, 14.5%, 17.2% and 32.2%, respectively, during January-July 2024. On the other hand, India, Japan and Thailand witnessed their respective deal volume improve by 2.4%, 5.7% and 8.5%, YoY.

Analysing by market, only APAC registered a single-digit decline in deal volume whilst other regions North America, Europe, Middle East and Africa, and South and Central America witnessed respective deal volume decline by 19.6%, 16.9%, 11.7% and 27.7% YoY during January-July 2024.

“Whilst most of the APAC markets witnessed decline in deal volume, the impact was negated to some extent by improvements experienced in markets such as India, Japan and Thailand,” Aurojyoti Bose, Lead Analyst at GlobalData said.
 

Join Singapore Business Review community

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.