Mena MA deals hit $50bln in six months – ZAWYA

Mena MA deals hit $50bln in six months – ZAWYA

The value of announced mergers and acquisitions (m&a) transactions with any middle east and north africa (mena) involvement reached $50.7 billion during the first six months of 2020.this is 55 per cent less than the value recorded during the same period in 2019 which reached a record high with saudi aramco's agreement to buy a stake in saudi basic industries corporation (sabic) for $69.1bn.according to refinitiv's 2020 first half investment banking analysis for the region, the number of deals declined 9pc from last year to a three-year low.this is 55 per cent less than the value recorded during the same period in 2019 which reached a record high with saudi aramco's agreement to buy a stake in saudi basic industries corporation (sabic) for $69.1bn.manama: the value of announced mergers and acquisitions (maccording to refinitiv's 2020 first half investment banking analysis for the region, the number of deals declined 9pc from last year to a three-year low.the value recorded during the first half of 2020 is the third highest first half total of all-time after 2019 ($112.7bn) and 2007 ($58.5bn).after merger activity fell to a seven-month low of $1.9bn in april, m&a increased in volume and in value for two consecutive