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FINANCIAL NEWS
MENA M&A value hits USD30.5bn in deals
04 May 2017
(MENAFN) The second half of last year was a record master for MENA’s mergers and acquisitions (M&A) since 2013 with USD30.5bn in deals.
Moreover, the major transaction was in fiscal services, while First Gulf Bank and National Bank of Abu Dhabi confirmed on a merger worth USD14.8bn.
The remaining megadeals were in shipping and interest acquisitions in firms engaged in oil and gas concessions in Egypt and the UAE.
Meanwhile, the largest Mena fiscal investors aim chances outside the region, corporate buyers have increased their share in the Mena M&A market.
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MENAFN0405201700450000ID1095451642
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