QIA supported CEFC’s acquisition emerges as biggest deal in Mideast - The Peninsula Qatar

QIA supported CEFC’s acquisition emerges as biggest deal in Mideast - The Peninsula Qatar:

"China CEFC Energy Co’s acquisition of Rosneft Oil Co, with Qatar Investment Authority’s (QIA) involvement, was the biggest deal that took place with the Middle Eastern association in the region in 2017. The Chinese company acquired a 14.2 percent stake of the Russian crude petroleum and natural gas producer, Thomson Reuters revealed in its 2017 investment banking analysis for the Middle East, yesterday. China International Capital and VTB Capital shared first place in the 2017 announced any Middle Eastern involvement M&A league table. Citi took third place. According to the investment bank analysis, Middle Eastern investment banking fees totalled an estimated $912.4m during 2017, 0.1percent less than the value of fees recorded during 2016. Equity capital markets fees increased 118 percent to $91.3m, while fees generated from completed M&A transactions totalled $181.9m, a 21 percent decrease from last year and the lowest full year total since 2012."



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