Singapore most targeted nation for M&A in Southeast Asia

Singapore targeted M&A is at its highest YTD Volume since 2008.

According to Dealogic, SE Asia M&A volume totals $54.9bn as of Sept 11, up 12% from the $48.8bn announced during the same period last year and marks the highest YTD level since 2007 with $60.6bn.

DBS Group's $7.3bn acquisition of PT Bank Danamon Indonesia still stands as the largest SE Asia targeted M&A deal in 2012 YTD. Fueled by competing bids for Asia Pacific Breweries and Fraser & Neave in Singapore, Food & Beverage jumps up from 11th place in 2011 YTD to become the most targeted sector in 2012 YTD with $11.8bn, followed by Finance with $10.3bn. 

Subsequently, Singapore stands as the most targeted nation in the SE Asia region with $18.6bn announced deals in 2012 YTD, up from the $12.8bn achieved in 2011 YTD and the highest volume since 2008 YTD ($20.2bn). Indonesia and Malaysia follow with $13.3bn and $13.1bn, respectively.