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M&A volumes in the GCC are expected to
increase by 20% in 2011 over 2010, with Saudi Arabia set to witness the bulk of
activity. This is according to a report titled “2011 Middle East M&A
Barometer” released by M Communications. The survey polled 30 investment
bankers across the region. Most were of the opinion that midmarket deals will
continue to dominate the volumes while financial services sector is expected to
see the most M&A activity owing to a need for consolidation.
Link: http://twentyfoursevennews.com/gcc/banking-finance/mergers-acquisitions/gcc-ma-expects-20-increase-in-volume-this-year-report/
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