| Mergers and acquisitions (M&As) by sovereign wealth funds drove an almost doubling of capital market deals in Singapore in 2015, according to a report by corporate finance adviser Duff & Phelps. There were 685 M&A, private-equity, venture-capital and initial public offering deals worth US$103.8 billion in Singapore this year, according to the report. That was almost twice the US$55.4 billion of deals in 2014.
M&A transactions accounted for US$101.2 billion of the 2015 total, which was twice the US$50.7 billion for 2014. The US$37 billion acquisition of Broadcom Corp by Singapore and California-based Avago Technologies was the biggest deal of the year, but Singapore government-controlled investors GIC and Temasek and companies linked to them were involved in the next six biggest M&A deals in Singapore...............................................Full Article: Source
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