Singapore's corporate deals, IPOs grow 15% to cross US$100 bil in 2017

SINGAPORE (Dec 12): Singapore has seen the value of mergers and acquisitions (M&A), private equity and venture capital investments, and initial public offerings (IPO) hit US$101.9 billion ($137.7 billion) for 2017, growing over 15% compared to 2016.

Private equities led the buyouts, with PE/VC investment hitting record levels at US$22.8 billion in 2017, compared to US$3.5 billion a year ago. This was driven mainly by investments in 2H2017 such as the acquisition of Global Logistic Properties by China Vanke, Hopu Investment Management and other investors for US$11.6 billion.

Outbound deals continue to drive Singapore’s M&A deal value, with the bulk of the deal value coming from 357 outbound deals worth US$54.6 billion, or 72% of the total deal value for 2017.

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