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.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Russias participation in Cyprus bail-out under question.

As Cyprus is trying to come up with new ways to raise EUR 5.8bn needed to secure the financing from ECB, EC, and IMF, Russia's participation in the package is not clear. According to the latest ... more

Fitch: Russian banks risks in Cyprus limited.

Fitch Ratings believes that resolution of the Cyprus crisis with a deposit levy or some other form of burden sharing involving creditors is unlikely to result in material losses for Russian ... more

Sources: Russia could triple oil exports to China.

Russia and China discuss contracts that would triple exports of Siberian oil through various transport corridors, Reuters reports citing unnamed sources in the industry. Rosneft is discussing ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    6 days ago
  2. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    6 days ago
  3. Russia’s war economy boosted by rising oil prices
    7 days ago
  4. Russia’s $13.4bn current account surplus in March second highest since 2007
    6 days ago
  5. Iran vs Israel: Who is better equipped for war?
    10 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    24 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    28 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    26 days ago
  5. UBN: Russia could take the Baltic states in 48 hours
    1 month ago

Reports

Dismiss