Reported 8 months ago
Singapore has become a hub for mergers and acquisitions, experiencing a surge in investor confidence and activity this quarter. Recent deals include a significant investment by a KKR consortium in ST Telemedia Global Data Centres and discussions between Allianz SE and Income Insurance Ltd. Singapore has seen a 102% increase in the value of deals since the start of April, positioning itself as the center of gravity for M&As in Southeast Asia with strong inbound foreign direct investment, driven by confidence in the country's stable economic and political environment.
Source: YAHOO