Four Singapore firms top the largest SEA M&As in 2017

The US$15.94b acquisition of Global Logistic Properties topped the list.

The mergers and acquisitions (M&As) of four Singapore firms topped the list of the largest in Southeast Asia from Q1 to Q3 in 2017, Mergermarket revealed.

According to its trend report, the acquisition of Global Logistic Properties (GLP) by a consortium led by China Vanke, HOPU, and Hillhouse Capital for US$15.94b is the largest deal in Q1 to Q3.

The acquisition of CWT Limited by HNA Holding Group Co Ltd in Hong Kong for US$2.06b ranked as the third largest. This was followed by the $2b deal that Grab made with SoftBank Group Corp, Toyota Tsusho Corporation, and Didi Chuxing Technology Co Ltd.

Meanwhile, Singapore's Consortium for Energy Development Corp served as the bidder for a 47.5% stake in the Philippines' Energy Development Corporation worth $1.28b, the fourth largest M&A in the list.

So far, the total value of M&A in Southeast Asia is at US$53.5b, 23.1% higher than last year's value.

Also Read

COTD: APAC deal volume falls 6.8% amidst economic uncertainties and tensions

Securitisation seen as key for Singapore developers to enhance returns

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit