(June 19 08:00) Sbr.com.sg
Submitted By:
Danielle Isaac
Case Study:
No
Blackstone’s US$18.7b acquisition of GLP, the largest deal with Singaporean involvement to date, boosted the total.
Overall Singapore announced M&A activity reached US$59.4b so far this year, up 64.3% in value from a year ago, making it the strongest semi-annual period for Singapore-involvement M&A since the record set in H2 2017, Refinitiv revealed. The biggest contributor is Blackstone Group’s US$18.7b pending acquisition of GLP Pte Ltd’s US logistics assets, which is the largest deal with Singaporean involvement on record.
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