Business Chief US+CAN Magazine June 2021 | Page 16

GLOBAL NEWS

1 NORTH AMERICA

M & A activity hits record high
Global M & A activity hit a record high in the first quarter of 2021 , with North America reaching its highest market share in 14 years netting 54.4 % of global deal value and accounting for more than two-thirds of the US $ 200.9bn in global IPOs with SPACS playing a large part in US dealmaking .

2 SINGAPORE

Reimagining global payments
Three investment giants , JP Morgan , DBS and Temasek join forces to bring the existing infrastructure of global payments into the digital era . Under new tech company Partior , they are developing a first-of-its-kind industry platform that will utilise blockchain to fast-track value movements for payments , trade and foreign exchange settlement .
16 June April 2021