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FINANCIAL NEWS
MENA’s M&A deals value reaches USD8.9b in Q1
09 May 2015
(MENAFN) According to EY’s first-quarter MENA M&A Update, deals value in MENA increased to USD8.9 billion in the first quarter from USD8.2 billion on-quarter, up 9 percent, Arab News reported.
Inbound announced deals value increased from USD0.4 billion in the 2014 quarter to USD2.6 billion in the 2015 quarter, while domestic announced deal activity value fell by 48 percent to USD0.9 billion.
“The MENA M&A market continues to display resilience to the challenging regional geopolitical climate in parts of the region,” EY’s MENA Head of Transaction Advisory Services said in a statement.
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