MENA M&A deals record $14.8bn in Q1-20 – Report

  • Date: 16-Apr-2020
  • Source: Mubasher
  • Sector:Economy
  • Country:UAE
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MENA M&A deals record $14.8bn in Q1-20 – Report

Advisory fees earned from completed M&A transactions skyrocketed by 266% YoY and generated $58.4 million, the highest value seen in the first quarter since 2017.. Each of the financial and industrial sectors accounted for 25% of total investment banking fees earned over Q1-20.. Jefferies LLC earned the most investment banking fees in the region during Q1-20, with a total of $27.8 million or a 14.7% share of the total fees.. Monthly M&A increased in value for the third month in a row, with March 2020's posting the highest monthly total in 11 months at $6.1 billion..