M&A deals in Middle East down 24% in H1 2011 Zephyr.

By bne IntelliNews July 6, 2011
The value of mergers and acquisition (M&A) deals in the Middle East fell by 24% y/y to USD 10.19bn in the first half of 2011, Emirates 24/7 said citing data from M&A database Zephyr. The number of M&A deals halved to 222 from 444 deals. The decrease was attributed to the weak private equity (PE) participation in deal-making and the political turmoil in the region. Only seven deals involved PE investments and their combined value stood at USD 25mn, down by 84% y/y. Jordan attracted 116 of all M&A deals in the region as their value stood at a combined USD 209mn. In terms of value, Qatar topped the region with deals worth USD 3.6bn.

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