Singapore’s third key strategy to promote internationalisation is to encourage Mergers and Acquisitions (M&A). Scale is important as it helps companies attract and develop talent, effectively invest in innovation and compete effectively overseas.
The Government will encourage M&A in two ways:
(i) The M&A scheme introduced in 2010 will be extended for another five years
(ii) The scope of IE Singapore’s Internationalisation Finance Scheme (IFS) will be extended to support M&A that will aid a company’s overseas expansion.

Source: MOF  #‎SGBudget2015‬