Global M&A Trends Report |
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Singapore |
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(Asia Pacific)
Firm
Rajah & Tann Singapore LLP
Contributors
Terence Quek |
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| With respect to private M&A, what are three things on top of mind for M&A practitioners in your jurisdiction? | Three things top of mind for private M&A practitioners in Singapore are:
Economic sentiment continues to weigh heavily on the minds of decision-makers, which also contributes to genuine expectation gaps between buyers and sellers. ESG diligence permeates most if not all, transactions. |
| With respect to private M&A, where does your jurisdiction see most deal activity? | Most private M&A deal activity is categorized as mid-market. |
| With respect to private M&A, what sector sees the most deal activity in your jurisdiction? | Most private M&A deal activity is seen in the Technology, Media and Telecommunications sector. |
| What are your predictions for private M&A deal volume in your jurisdiction during 2024? | Private M&A deal volume in 2024 is predicted to be greater than 2023 deal activity, when interest rates see a cut-back, we expect deal activity to pick up once again. |
| With respect to public M&A, what are three things on top of mind for M&A practitioners in your jurisdiction? | Three things top of mind for public M&A practitioners in Singapore are:
In public M&A we see fairly similar concerns to those listed above which contributed to a lower volume of public M&A deals in 2023 and possibly going into 2024 for the foreseeable future. |
| With respect to public M&A, where does your jurisdiction see most deal activity? | Most public M&A deal activity is categorized as mid-market. |
| With respect to public M&A, what sector sees the most deal activity in your jurisdiction? | Most public M&A deal activity is seen in the Technology, Media and Telecommunications sector. |
| What are your predictions for public M&A deal volume in your jurisdiction during 2024? | Public M&A deal volume in 2024 is predicted to be greater than 2023 deal activity, when interest rates see a cut-back, we expect deal activity to pick up once again. |
| Please share any other insights with respect to M&A in your jurisdiction: | The M&A landscape in Singapore for 2024 is poised for growth, despite some potential hurdles introduced by the Singapore Significant Investments Review Act. This regulatory framework is expected to add a layer of scrutiny to certain transactions, emphasizing the government's commitment to safeguarding national interests. Nevertheless, with Singapore's resilient economy and strategic allure, investors are anticipated to navigate these regulations and engage in strategic mergers and acquisitions across sectors, leveraging the city-state's stable financial ecosystem. |
Global M&A Trends Report
Singapore
(Asia Pacific) Firm Rajah & Tann Singapore LLPContributors Terence Quek
Updated 30 Jan 2024Three things top of mind for private M&A practitioners in Singapore are:
- General: economic environment
- General: ESG
- Commercial: valuation expectation gaps
Economic sentiment continues to weigh heavily on the minds of decision-makers, which also contributes to genuine expectation gaps between buyers and sellers. ESG diligence permeates most if not all, transactions.
Most private M&A deal activity is categorized as mid-market.
Most private M&A deal activity is seen in the Technology, Media and Telecommunications sector.
Private M&A deal volume in 2024 is predicted to be greater than 2023 deal activity, when interest rates see a cut-back, we expect deal activity to pick up once again.
Three things top of mind for public M&A practitioners in Singapore are:
- General: economic environment
- General: ESG
- Commercial: valuation expectation gaps
In public M&A we see fairly similar concerns to those listed above which contributed to a lower volume of public M&A deals in 2023 and possibly going into 2024 for the foreseeable future.
Most public M&A deal activity is categorized as mid-market.
Most public M&A deal activity is seen in the Technology, Media and Telecommunications sector.
Public M&A deal volume in 2024 is predicted to be greater than 2023 deal activity, when interest rates see a cut-back, we expect deal activity to pick up once again.
The M&A landscape in Singapore for 2024 is poised for growth, despite some potential hurdles introduced by the Singapore Significant Investments Review Act. This regulatory framework is expected to add a layer of scrutiny to certain transactions, emphasizing the government's commitment to safeguarding national interests. Nevertheless, with Singapore's resilient economy and strategic allure, investors are anticipated to navigate these regulations and engage in strategic mergers and acquisitions across sectors, leveraging the city-state's stable financial ecosystem.