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FINANCIAL NEWS
Middle East values of unions touch USD 56bn
19 Jan 2016
(MENAFN) Value of merger and acquisitions (M&A) with Middle Eastern involvement reached USD 56.2bn last year, a growth of 13 percent compared to 2014.
Accordingly, outbound M&A activity increased 34 percent from 2014 to reach USD 35.2bn, the highest yearly total since 2008.
Overseas attainments from the UAE accounted for 46 percent of Middle Eastern outbound M&A activity, whereas acquisitions by firms based in Qatar and Saudi Arabia accounted for 36 percent.
Moreover, inbound M&A also viewed a marked increased, up 29 percent to USD 5.4bn, while healthcare was the most active sector, accounting for 24 percent of Middle Eastern involvement M&A.
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