Russian and CIS M&A deals up by 34.5% y/y to USD 115bn in 2012.

By bne IntelliNews January 10, 2013
Volume of M&A deals in Russia and CIS in 2012 amounted to USD 115bn going up by 34.5% y/y, gazeta.ru reports citing estimations of Mergermarket. This is the highest indicator since the pre-crisis 2007 with USD 120.9bn. At the same time the number of deals in 2012 became smaller (down by 21 deals) and the share of the energy and mining sector increased considerably by 12pps y/y to 73%. This was mostly due to over USD 50bn deal of Rosneft buying TNK-BP oil major from BR and Russian AAR Alliance. Should the deal not be accounted for, total volume of M&A deals in 2012 would post about 20% decline. Communications sector followed energy and mining with 8% share in the M&A volume, with the biggest deal being Altimo buying out mobile operator's MegaFon shares for USD 5.2bn.

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