
Singapore ranks third for in-bound mergers and acquisitions
Singapore did M&A volume of $2.1bn in 2011, but guess who got the top spot?
According to Dealogic, Indonesia leads South East Asia with in-bound M&A volume of $4.1bn, followed by Malaysia with $3.8bn.
This makes In-bound mergers and acquisitions in the region reach $13.1bn.
Here’s more from Dealogic:
SE Asia ECM volume surges to highest YTD level since 2008 SE Asia ECM issuance has reached $11.2bn via 112 issues in 2011 YTD, up 21% from the $9.2bn ECM volume in the Philippines totals $1.9bn in 2011 YTD, more than double the $856m raised in 2010 YTD and stands as the highest YTD level on record. This is fueled by San Miguel’s $600m equity-linked and $350m FO issues, both priced in April this year. DCM volume reaches a new YTD record DCM volume in SE Asia totals $44.3bn in this YTD, up 19% from the previous YTD record of $37.1bn achieved in 2010 YTD and marks the eighth consecutive increase since 2003 ($12.7bn). Despite a surge in SE Asia DCM volume, deal activity has dropped to 212 deals in 2011 YTD compared to 252 deals in 2010 YTD. SE Asia Corporate Investment-grade, FIG and Sovereign bond volumes have all reached their highest YTD records in 2011, with $9bn, $10bn and $12.1bn respectively. Inbound M&A volume totals $13.1bn in 2011 YTD – more than double the level in 2010 YTD SE Asia Inbound M&A volume has reached $13.1bn in this YTD, almost triple the $4.7bn raised in the same period last year and stands as the highest YTD level on record. Indonesia continues to lead the region as the most targeted nation in Inbound M&A volume with $4.1bn, followed by Malaysia and Singapore with $3.8bn and $2.1bn respectively. Malaysian Banking Bhd – Maybank’s $1.4bn bid for Kim Eng Holdings is the largest inbound M&A deal in 2011 so far. This is followed by Mitsui & Co’s $1.1bn acquisition of Integrated Healthcare Holdings. ECM fees push Core IB revenue to record YTD level SE Asian ECM fees has reached $243m so far this year, the highest YTD level on record and accounts for 45% of core IB revenue this quarter. M&A and DCM account for 33% and 23% respectively. Pushes core IB revenue to $546m, up from 26% from the same period last YTD and marks the |