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    Home > Chemicals Industry > International Chemical > In Q1, the number and scale of M&A transactions in the Middle East and North Africa region dropped by more than 20%.

    In Q1, the number and scale of M&A transactions in the Middle East and North Africa region dropped by more than 20%.

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    According to EY's first-quarter report, the Middle East and North Africa region reached 93 M&A transactions in the first quarter, down 21.
    8% year-on-year, and the total disclosed amount reached US$15.
    4 billion, down 26.
    7%
    year-on-year.

    Among them, the UAE ranked first
    in the Middle East and North Africa region with 23 M&A transactions and US$5.
    1 billion in M&A scale.

    In the first quarter of 2018, both onshore deal activity and scale increased
    .
    However, both offshore and domestic deal activity and scale declined
    .
    The number of inbound transactions announced was 27, an increase of 42.
    1%
    from 19 transactions announced in the first quarter of 2017.
    Inbound transaction value increased 138.
    7% to $7.
    4 billion in the first quarter of 2018, up from $3.
    1 billion in the first quarter of 2017.

    The number of offshore transactions decreased from 41 transactions in the first quarter of 2017 to 29 transactions in the first quarter of 2018, while the value of offshore transactions decreased by 63.
    8%.

    Intra-regional deals also declined as they fell from 59 transactions in the first quarter of 2017 to 37 transactions in the first quarter of 2018, representing a 28.
    2%
    decline in deal value.

    Phil Gandier, EY's MENA regional leader, said: "Confidence in the regional economy remains strong, although with rising inflation, market volatility and high deal valuations, businesses want to retain capital rather than deploy short-term
    .
    Companies in Saudi Arabia and Egypt, in particular, are taking a wait-and-see approach
    .
    UAE companies dominated inbound and outbound M&A activity last year, and we expect the UAE to continue driving regional deals
    in 2018.

    The sector with the highest deal value in the first quarter of 2018 was oil and gas, which amounted to $7.
    2 billion.

    The value of transactions in the chemicals segment was $2.
    5 billion and in the insurance segment was $1.
    2 billion
    .

    Phil Gandier said, "While the first quarter of 2018 was not a significant transaction volume, the value of transactions related to the acquisition capital deployed at MENA in the first quarter of 2018 has reached its highest level since 2001, with $10.
    2 billion invested in the region.

    The insurance, health and education sectors have the highest
    allocations of acquisition capital.

    According to EY's first-quarter report, the Middle East and North Africa region reached 93 M&A transactions in the first quarter, down 21.
    8% year-on-year, and the total disclosed amount reached US$15.
    4 billion, down 26.
    7%
    year-on-year.

    Merger

    Among them, the UAE ranked first
    in the Middle East and North Africa region with 23 M&A transactions and US$5.
    1 billion in M&A scale.

    In the first quarter of 2018, both onshore deal activity and scale increased
    .
    However, both offshore and domestic deal activity and scale declined
    .
    The number of inbound transactions announced was 27, an increase of 42.
    1%
    from 19 transactions announced in the first quarter of 2017.
    Inbound transaction value increased 138.
    7% to $7.
    4 billion in the first quarter of 2018, up from $3.
    1 billion in the first quarter of 2017.

    The number of offshore transactions decreased from 41 transactions in the first quarter of 2017 to 29 transactions in the first quarter of 2018, while the value of offshore transactions decreased by 63.
    8%.

    Intra-regional deals also declined as they fell from 59 transactions in the first quarter of 2017 to 37 transactions in the first quarter of 2018, representing a 28.
    2%
    decline in deal value.

    Phil Gandier, EY's MENA regional leader, said: "Confidence in the regional economy remains strong, although with rising inflation, market volatility and high deal valuations, businesses want to retain capital rather than deploy short-term
    .
    Companies in Saudi Arabia and Egypt, in particular, are taking a wait-and-see approach
    .
    UAE companies dominated inbound and outbound M&A activity last year, and we expect the UAE to continue driving regional deals
    in 2018.

    The sector with the highest deal value in the first quarter of 2018 was oil and gas, which amounted to $7.
    2 billion.

    The value of transactions in the chemicals segment was $2.
    5 billion and in the insurance segment was $1.
    2 billion
    .

    Phil Gandier said, "While the first quarter of 2018 was not a significant transaction volume, the value of transactions related to the acquisition capital deployed at MENA in the first quarter of 2018 has reached its highest level since 2001, with $10.
    2 billion invested in the region.

    The insurance, health and education sectors have the highest
    allocations of acquisition capital.

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