Singapore surprisingly lags as most targeted nation for SE Asia M&As

You’ll never guess who beat Singapore with a whopping $12bn M&A volume in 1H12.

According to Dealogic, Southeast Asia targeted volume reached $33.3bn in 1H 2012, down 10%
compared to the same 2011 period and the lowest first half year volume since
1H 2010 ($30.5bn).

Here’s more from Dealogic:

Indonesia was the most targeted nation for SE Asia M&A with $12bn in 1H 2012, almost triple the $4.3bn announced in 1H 2011. Malaysia ($9.6bn) and Singapore ($4.6bn) followed.

Intra region cross border M&A volume reached a record half year high of $10.7bn in 1H 2012, almost triple the volume recorded during the same 2011 period ($3.7bn)

This was fueled by DBS Group's (Singapore) $7.3bn acquisition on PT Bank Danamon Indonesia in April this year – the largest SE Asia Intra region cross border deal on record