Middle East M&A activity slows down as caution prevails: PwC | ZAWYA MENA Edition:
Mergers and acquisitions in the Middle East continue to remain slow in the current year, with 44 deals reported in Q1 2019 versus 56 deals over the same period last year.
Additionally, only one IPO was reported in Q1 2019, down from four last year. Private equity activity also saw a decline, dropping from 26 percent to 21 percent of all deals in 2018.
However, PwC’s second TransAct Middle East edition, titled “What’s Shaping M&A in the Middle East?” reports that the market will continue to offer interesting deal opportunities, especially in technology and digital transformation.
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