Saudi Gazette - MENA M&A value drops 43% in Q2 2013:
"The Middle East & North Africa (MENA) value of disclosed inbound deals increased from $5.1 billion in H1 2012 to $10.6 billion, a rise of 108 percent, according to EY’s MENA M&A update. Outbound deal value dropped by 37 percent from $10.5 billion in H1 2012 to $6.6 billion in H1 2013 and domestic deal value decreased by 13 percent.
Phil Gandier, MENA Head of Transaction Advisory Services, EY said “seeing the value of inbound deals double since H1 2012 is an interesting trend, as both inbound and outbound deal flows have seen a reversal compared to a year ago, where outbound deal value was nearly double the value of inbound deals. The UAE continues to play a key role in attracting investment to the region being the target country focus of 25 percent of inbound deal volume for H1 2013. This overall positive improvement of inbound investment could signify a continued level of confidence in the MENA market irrespective of the continued political uncertainty in the region.”"
'via Blog this'
No comments:
Post a Comment