$40.3 billion worth of mergers and acquisitions in the Middle East

Mahmoud Issa _ news

Baker McKenzie and Habib Al Mulla said that the Middle East witnessed the implementation of 307 acquisition and merger deals worth $40.3 billion during the first half of 2021, recording a massive increase of 206% compared to $13.2 billion in the second half of 2020, but the value of deals decreased by 7 percent. % compared to its counterparts in the first half of 2020, when it rose to $43.5 billion.

The company stated in a report that mergers and acquisitions in the Middle East witnessed great activity again to achieve a strong return in the first half of 2021, noting that the total number of deals concluded during the first half of 2020 recorded a significant increase of 59% compared to the same period last year. and 48% compared to the second half of 2020.

In this context, one of the report’s authors, Omar Al-Momani, partner and head of the merger and acquisitions group at Baker McKenzie and Habib Al Mulla, said that the Middle East region has witnessed a steady rise in merger and acquisition activity since the beginning of 2021, and this growth at the present time includes a rise in The value and volume of deals derives the impetus from the return of hungry investors to make deals like this.

The report indicated that last March was the most prominent month that witnessed an increase in the first half of 2021, but it was the most crowded and the number of transactions that were completed reached 75 merger and acquisition deals, exceeding the performance of the same period last year, an increase of 114%, and in terms of value, the performance was The first four months of 2021 are the best compared to the previous year, as April was the most prolific month of operations, which recorded a staggering increase of 1162% compared to its counterpart in 2020, and the value of deals amounted to 19.2 billion dollars, and most of the deals in the region were cross-border in nature, in In the midst of the efforts of companies and investors to explore new opportunities or revive deals that were put on hold as a result of the repercussions of the Corona pandemic in 2020.

On: Tuesday – September 07, 2021

Mahmoud Issa _ news

Baker McKenzie and Habib Al Mulla said that the Middle East witnessed the implementation of 307 acquisition and merger deals worth $40.3 billion during the first half of 2021, recording a massive increase of 206% compared to $13.2 billion in the second half of 2020, but the value of deals decreased by 7 percent. % compared to its counterparts in the first half of 2020, when it rose to $43.5 billion.

The company stated in a report that mergers and acquisitions in the Middle East witnessed great activity again to achieve a strong return in the first half of 2021, noting that the total number of deals concluded during the first half of 2020 recorded a significant increase of 59% compared to the same period last year. and 48% compared to the second half of 2020.

In this context, one of the report’s authors, Omar Al-Momani, partner and head of the merger and acquisitions group at Baker McKenzie and Habib Al Mulla, said that the Middle East region has witnessed a steady rise in merger and acquisition activity since the beginning of 2021, and this growth at the present time includes a rise in The value and volume of deals derives the impetus from the return of hungry investors to make deals like this.

The report indicated that last March was the most prominent month that witnessed an increase in the first half of 2021, but it was the most crowded and the number of transactions that were completed reached 75 merger and acquisition deals, exceeding the performance of the same period last year, an increase of 114%, and in terms of value, the performance was The first four months of 2021 are the best compared to the previous year, as April was the most prolific month of operations, which recorded a staggering increase of 1162% compared to its counterpart in 2020, and the value of deals amounted to 19.2 billion dollars, and most of the deals in the region were cross-border in nature, in In the midst of the efforts of companies and investors to explore new opportunities or revive deals that were put on hold as a result of the repercussions of the Corona pandemic in 2020.

Source

billion worth mergers acquisitions Middle East

 
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