Mena mergers, acquisitions value down 67%

01 April 2010

According to Ernst & Young's annual Mena update, mergers and acquisitions deals announced in the Middle East and North Africa (Mena) region fell by 67% in value to $34bn in 2009 compared to deals worth $102bn that were announced in 2008. The number of announced deals dropped by 24% from 465 in 2008 to 353 in 2009, the report said.

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