Singapore based firms secured acquisitions worth US$417 million (S$535 million) in India in seven deals, bucking a wider trend of slower merger and acquisition activity in the past year.
A report by Kroll Advisory Solutions found that Singapore-based bidders invested mainly in the medical and consumer good sectors from May last year to April this year.
For instance, the Government of Singapore Investment Corp invested US$100 million in a minority stake in India\'s eye and dental care provider Vasan Health Care.
There were also two deals in the consumer foods sector.
A report by Kroll Advisory Solutions found that Singapore-based bidders invested mainly in the medical and consumer good sectors from May last year to April this year.
For instance, the Government of Singapore Investment Corp invested US$100 million in a minority stake in India\'s eye and dental care provider Vasan Health Care.
There were also two deals in the consumer foods sector.