Mergers and acquisitions in the region forecast to shrug off oil slump | The National

Mergers and acquisitions in the region forecast to shrug off oil slump | The National:



"Mergers and acquisitions (M&A) in the Middle East and North Africa will continue at a healthy rate this year despite the drop in oil price and weaker growth forecast in the region’s oil exporters, the advisory services firm EY said yesterday.


“The growth of Mena M&A is expected to continue in 2015 at a normalised year on year growth rate of up to 10 per cent,” said Phil Gandier, the Mena head of transaction advisory services at EY.



“The majority of Mena M&A transactions tend to occur in consumption-led sectors such as food and beverage, retail, health care and education, which have little correlation to economic activity and changes in oil price, so the positive trend is expected to continue.”"



'via Blog this'