The telecoms, media and technology (TMT) sector in the Middle East could see the strongest levels of M&A activity in 2016, with 27 companies currently up for sale or likely to come to market, a report said.
The Global M&A
The Mena merger and acquisition (M&A) market maintained the slow activity witnessed during the recent period in the third quarter (Q3) of 2015 as it fails to redress from the current lows, a report said.
The overall 12-month a
The value of merger and acquisitions (M&As) in the Mena region touched $9 billion during the first quarter (Q1) of 2015, reaching its median level of the last six years, a report said.
Such trend is reinstating the large deal
The value of Middle Eastern mergers and acquisitions (M&A) reached $50.3 billion in 2014, finishing 23 per cent up on 2013 and the highest annual total since 2010, a report said.
Outbound M&A drove 2014 activity, up 74 per
The value of mergers and acquisitions (M&As) in the Mena region reached $50 billion and $41 billion respectively during 2013 and 2014, ahead of an average of $34 billion during the previous three years, a report said.
Chief executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007.
A total of 299 merger and acquisition transactions were completed in the first six months of 2014 in the oil and gas industry globally, with value of $141 billion, up 38 per cent from $102 billion recorded in the first half of 2013, a report sai
Largely because of geopolitical unrest that has curtailed production from Libya, Iraq, and Iran, commodity prices have remained relatively high for the first half of the year in the Middle East, said an industry expert.
The value of disclosed inbound deals in Mena increased to $10.6 billion in the first half of 2013, up from $5.1 billion during the same period last year, marking a rise of 108 per cent, a report said.
Outbound deal value dropped b
The total value of merger and acquisition (M&A) deals announced in the Mena region surged 65 per cent to hit $55.9 billion in 2010 compared to $33.9 billion the previous year, according to Ernst & Young.
The total volume of announ