Middle East's M&A deals value drop 88% m/m in July.

By bne IntelliNews August 5, 2010
The total value of Middle East's mergers and acquisition (M&A) activity dropped by around 88% m/m in July to reach USD 270mn, figures by Bureau van Dijk showed. The number of transactions also fell to 59 compared from 73 transactions in the previous month, the bureau said noting that USD 100mn was the ceiling for such transactions with Kuwait on top of countries list with transactions valued at USD 121mn.

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