Mergers and acquisition deals in Mena jump 57% in 2021 – The National
- Date: 21-Jan-2022
- Source: The National
- Sector:Financial Markets
- Country:Middle East
Mergers and acquisition deals in Mena jump 57% in 2021 – The National
The value of mergers and acquisition deals in the Middle East and North Africa surged 57 per cent to reach $109.1 billion last year as the region's economies recovered from the coronavirus pandemic.
The total number of deals also jumped 40 per cent annually to reach 1,141, which is the highest annual total recorded since 1980, according to a new report from Refinitiv.
“The largest M&A deal in the Mena region of 2021 was Aramco Gas Pipelines Company in a deal worth $15.5bn lease and leaseback agreement for its gas pipeline network,” the report said.
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