UAE seen leading mergers in the Middle East region | GulfNews.com:
"The UAE has topped the Middle East and North Africa region in inbound mergers and acquisitions in terms of both number of deals and value of deals according EY [formerly Ernst & Young].
“The UAE dominated as the target country with the largest number and value of inbound mergers and acquisitions deals in Mena which points to the strong confidence of international investors in the UAE,” said Anil Menon, Mena M & A and IPO Leader at EY.
According to EY’s analysis of regional M & A data, 50 acquisitions targeting UAE based companies accounting for 21 per cent of the total domestic M & A deals were announced the region last year. In value terms too, the domestic deals targeting UAE based companies accounted for $7 billion (Dh25.7 billion) or 45.7 per cent of the overall regional domestic deals."
'via Blog this'
No comments:
Post a Comment