The value of deals targeting companies based in the Middle East leapt to $6.8 billion million in August, the highest it has been since September 2008.
The figure is a significant increase of 160 per cent on the $2.6 billion recorded last month and an even more impressive 707 per cent surge compared with the same time last year, when just $841 million was achieved, according to the latest M&A report from Zephyr, the M&A database published by Bureau van Dijk.
That brings the value of total deals targeting companies based in the Middle East to $18.9 billion in the first eight months of the year, a 71 per cent increase compared with $11 billion during the same period last year, and even more than the $14.1 billion clocked during the whole of 2011, according to Zephyr data.
No comments:
Post a Comment