Qatar ranks second in 2012 M&A deals: Ernst & Young

DOHA: Qatar saw the second largest number of announced acquisitions in the Mena region in 2012 with 48 deals. The total deals ware valued $11.2bn.
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Of the top 10 announced deals by value in Mena in 2012, four of the deals were acquired by Qatar and three were acquired by the UAE, according to Ernst & Young’s 2012 year-end Mena merger & acquisitions (M&A) update.
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The Ernst & Young noted the announced deal values in the region rose from $31.6bn in 2011 to $44.8bn in 2012, an increase of 42 percent. Deal volume on the other hand fell by four percent, from 416 in 2011 to 398 in 2012.
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“From an acquirer’s perspective, countries that ranked highest in terms of announced deal value were UAE at $13.5bn, followed by Qatar at $11.2bn and Kuwait with $3.9bn. Of the top 10 announced deals by value in Mena in 2012, four of the deals were acquired by Qatar and three of the deals were acquired by the UAE,” the report said.
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