SINGAPORE (Dec 19): Overall mergers and acquisitions (M&A) activity in Singapore saw a 30.7% drop in 2018 to US$66.2 million, compared to a record period in 2017, according to research conducted by Refinitiv.

Also, the average M&A deal size for disclosed deals dropped to US$97.7 million from US$129.1 million a year ago.

In 4Q18, M&A deal activity came up to US$12.4 billion, 29.1% lower than 3Q18 and 58.5% lower than 4Q17.

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