M&A transactions in MENA up 160 per cent to $120.6b in 1H ?
MANAMA, Oct. 10 -- The value of announced M&A transactions with any Middle Eastern and North African involvement currently stand at an all-time high, up 160% from YTD 2018 reaching US$120.6 Billion so far this year. Deals with a MENA target, inter-MENA or domestic and inbound deals all stand at all-time high volumes with US$104.7, US$88.2 and US$$16.4 up 289%, 584% and 18% from YTD last year, respectively. On the other hand, outbound volumes fell 29% from YTD last year to US$9.2 billion so far this year. Energy and Power deals currently account for 78% of MENA target M&A by value, followed by the Financial sector with a 14% market share. HSBC currently leads in the 9M any MENA involvement league table, followed by JP Morgan and Goldman Sa...
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