As analysis continues to point towards a year of expansion for global mergers and acquisitions, reports say Singapore will particularly benefit from the trend.
Among the high-profile investments occurring within Singapore include e-commerce conglomerate Alibaba Group Holdings, which plans to acquire a minority stake in Singapore Post. Some experts see the deal as a prelude for more deals in the nation.
Further, according to reports, UIC is looking to acquire Singapore Land and take the company private. Additional deals involving Goodpack and CapitaLand are also in the works.
They all amount to more than $15 billion worth of mergers and acquisitions involving Singapore, reports say, a boost likely fueled by a slump in internal growth, causing Singapore companies to look towards mergers to expand.
Full content: Global Post
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