Middle East M&A Deal Volume Plunge 26 Percent in H1 2020

Middle East M&A Deal Volume Plunge 26 Percent in H1 2020

Globally, M&A activity saw a decline 41% during H1 2020 as compared to from H1 2019, the report said.

The year started out a bit slow in January, but then picked up in February. However, when Covid-19 started to spread to the world in March, global deal volumes started a steep decline, which peaked in April with a 34% decline in volume and a 69% decline in value.

Despite this significant drop in Middle East M&A activity, there was a slight increase in total transaction values during the last two months of H1 2020 (May and June), from $2.649 billion in H1 2019 to $33.501. Deal-making overall in the Middle East was driven by high-value deals in H1 2020, such as Adnoc Gas Pipeline Assets' $10 billion deal with Investor Group from