PRIVATE equity (PE) buyouts and exit activity are rebounding in Asia-Pacific, with Singapore leading the table for South-east Asia thanks to two large deals.
Apac buyout deal value came to US$16.3 billion in the second quarter, according to Preqin data, up from US$8.3 billion in the first quarter. Regional buyout exit activity by number of exits rose slightly, and is now above the average quarterly value of the last two years.
Within South-east Asia, Singapore accounted for the bulk of buyout exit activity by value. The largest deal was the sale of an 86 per cent stake in health and wellness brand Eu Yan Sang for S$687 million.
