Romania’s mergers and acquisition market remained around EUR 1.2bn for a third year in a row in 2013, according to M&A Report 2013/14 report of law firm CMS and DealWatch service. The precise figure for last year is EUR 1.18bn.
CMS experts are rather optimistic in regard to the market developments this year after a positive trend has consolidated through the last months of last year.
There was a marginal decline in the country’s M&A market in 2013 compared to a year earlier but the volume of small deals, on the opposite, slightly increased. Thus, the volume of deals excluding the large ones reached EUR 1bn in 2013, driven marginally up on the year by the deals in the financial, manufacturing, energy, agriculture and TMT [technology, media and telecommunications] sectors.
For the whole emerging Europe region [Russia and Turkey included], the CMS-DealWatch report expects also a certain recovery this year after the 18% contraction to EUR 112bn in 2013. Last year, Russia accounted for 62% of the region’s M&A market volume.
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