In the Singaporean payments industry, there were 2 M&A deals announced in Q3 2023, worth a total value of $6.4m, according to GlobalData’s Deals Database. The $6.4m majority acquisition of HH HOLDCO by ENECO SINGAPORE was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2023 unveils the driving forces behind the M&A activities in the industry, providing crucial insights into trends and shifts. Buy the report here.
In value terms, M&A activity in Singapore remained flat in Q3 2023 compared with the previous quarter and as compared to Q3 2022. Related deal volume increased by 100% in Q3 2023 versus the previous quarter and was 33% lower than in Q3 2022.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q3 2023 â€“ Thematic Intelligence, buy the report here.