FINANCIAL NEWS

Middle East’s M&A deals drop by 17 percent to USD 4.7bn

21 Apr 2016

(MENAFN) Middle East fees reached USD 178.2mn among Q1 this year, a 17 percent fall compared to the value registered during the first quarter of 2015.

Moreover, the value of proclaimed M&A transactions with any Middle Eastern involvement touched USD 4.7bn during the first quarter of 2016.

Additionally, the region equity and equity-related issuance value USD 228.0mn through Q1 of the cited year, a 92 percent decline from Q1 of last year.

Middle Eastern debt issuance reached USD 5.5bn during the cited quarter of 2016, a 22 percent drop compared to the value raised in Q1 of 2015.

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