
Singapore may see a subdued M&A uptick in 2017
It will register an increase of just 4%.
Even with the expected 9% rise in deals around Asia-Pacific, mergers and aquisitions (M&A) in Singapore will only increase by 4%.
According to Q1 2017 Intralinks Deal Flow Predictor, this growth in Asia Pacific is due largely to a surge in early-stage M&A activity in India, which rose by 190 percent year-over-year. Intralink's strategy and product marketing vice president Philip Whitchelo said the standout performer in the APAC region is India, given the growth in its deals.
"As the fastest-growing large economy in the world at the present time, India’s M&A market continues to benefit from perceptions that Prime Minister Narendra Modi’s government is intent on continuing to pursue structural and fiscal reforms and encouraging inbound investment,” he said.
In South East Asia, deals will rise 14%, but Singapore's 4% is but a subdued contribution to this growth.
“With the TMT sector in APAC looking healthy, we foresee this being one of the top three sectors in the region for year-over-year growth in Q1 2017, with the others being Industrials and Healthcare,” Whitchelo noted.