Mergers and acquisitions (M&A) activity in the Middle East is expected to show a rebound in 2011 despite there being some concerns over buyers and sellers remaining at odds over prices, said a survey released yesterday.
The value of deal activity in the region is on an average expected by the bankers to rise 20 per cent this year to between $28 billion (Dh102.8 billion) and $30 billion, according to the report released by M:Communications and business information provider Zawya showed.
"Many people feel that the worst is over and a number of investors expect growth is going to rise," Nicholas Lunt, managing director of M:Communications told Reuters.
No comments:
Post a Comment