Sub-Saharan Africa M&A deals rise 18% in value to USD 25bn in 2012.

By bne IntelliNews February 7, 2013
The value of mergers and acquisitions (M&A) for sub-Saharan African targets increased by 18% to USD 25bn in 2012, Business Daily reported, quoting a report by Thomson Reuters Deals Intelligence. About USD 12bn worth of the deals targeted South African companies, with the next most targeted nations being Nigeria and the Democratic Republic of Congo (DRC). South Africa and the UK made the most acquisitions, accounting for 39% and 22% of sub-Saharan Africa target M&A. the most active sectors in sub-Saharan Africa M&A deals were the materials and energy sectors. The report showed also that debt issuance in the region fell 4% y/y to USD 11.8bn in 2012, with the government sector being the most active, followed by the financial services sector.
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