Tuesday 15, June 2010 by

Regional M&A deal values drop by 59 per cent in Q1 2010, says Ernst & Young

Mergers and acquisitions (M&A) deal values announced in the Middle East and North Africa (MENA) region dropped by 59 per cent to $6.5 billion in Q1 2010 compared to deals worth $15.8 billion announced in Q1 2009. According to Ernst & Young’s MENA M&A update, the number of announced deals dropped by 16 per cent from 91 in Q1 2009 to 76 in Q1 of this year.

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