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.

Related Articles

South Africas Exxaro mulls firing striking coal miners.

South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more

South Africas Telkom says there is no decision to lay off 13,000 employees.

South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more

BP, Masana Petroleum Solutions sell LPG business in South Africa.

Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335