Saudi Gazette - Mideast M&A transactions valued at $14.7 billion in H1:
"Middle Eastern investment banking fees reached $356.6 million during the first half of 2013, while equity issuance by Middle Eastern companies raised $3.2 billion from 12 issues, Thomson Reuters said Monday in its investment banking analysis for the Middle East region for the first half of 2013.
According to the report, Middle Eastern debt issuance reached $26.0 billion during the first half of 2013, a 40 percent increase over the same period last year.
Russell Haworth, managing director, Middle East & North Africa at Thomson Reuters, said: “The value of announced M&A transactions with Middle Eastern targets reached $14.7 billion during the first half of 2013, 30 percent more than the $11.3 billion witnessed in the region during the same period last year, and marking the best first half since 2008. "
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