Business

Editor: Bruce Meng
4 Sep 2008 10:12:38 GMT

SINGAPORE, Sept 4 – Sovereign funds have invested $25.5 billion so far this year to acquire stakes in global companies such as Citigroup <C.N> and Merrill Lynch <MER.N>, up 66 percent from a year earlier, Thomson Reuters data showed on Thursday.

Following is a table that shows target nations, deals involving Singapore sovereign funds and total deals (completed and announced deals).

M&A Deals involving sovereign wealth funds:

Date Value ($bln) Deals

Jan 1 to Aug 28, 2008 $25.487 22

Jan 1 to Aug 28, 2007 $15.401 28

Deals by the Govt of Singapore Investment Corp and Temasek

Date Value ($bln) Deals

Jan 1 to Aug 28, 2008 $9.1 10

Jan 1 to Aug 28, 2007 $6.2 17

Top three M&A markets for SWFs

Target Nation ($bln) Market Number

share of deals

United States $15.8 62 pct 8

Russian Federation $5.3 21 pct 1

Singapore $1.3 5 pct 3

(To read a story on sovereign wealth funds’ globalbuying spree, click on [ID:nSIN171848])