MENA's M&A deals value down 15% y/y in H1.

By bne IntelliNews September 1, 2010
According to a report by international financial and advisory company Ernst and Young, the value of merger and acquisition (M&A) deals in the MENA region dropped by around 15% y/y to USD 18.5bn in H1. In Q2 alone, M&A transactions surged by 85% y/y to amount USD 12bn. The total number of deals also declined by 12% y/y to 67 deals in the second quarter, Ernst and Young added noting that Egypt topped the region in terms of deal value with around 28% of the total sum, followed by Oman and UAE with 23% and 16% each.

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