{"id":53896,"date":"2016-04-20T18:22:00","date_gmt":"2016-04-20T20:22:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/middle-east-ma-activity-slowed-down\/"},"modified":"2019-06-30T12:53:36","modified_gmt":"2019-06-30T15:53:36","slug":"middle-east-ma-activity-slowed-down","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/middle-east-ma-activity-slowed-down\/","title":{"rendered":"Middle East M&#038;A activity slowed down"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; The value of merger and acquisition deals in the Middle East was USD 4.7 billion in Q1 this year, a 67% drop over Q1 2015, <em>Emirates News Agency (WAM)<\/em>&nbsp;reported based on a survey conducted by Thomson Reuters in partnership with Freeman Consulting.<\/p>\n<p>&ldquo;The slowest first quarter for deal-making in the region since 2014,&rdquo; said Thomson Reuters managing director for the MENA, Nadim Najjar.<\/p>\n<p>Outbound M&amp;A activity fell 85% to USD 1.3 billion, the lowest Q1 figure since 2010. Overseas acquisitions from the UAE accounted for 39% of outbound M&amp;A activity in the Middle East, with Bahrain at 29% and Saudi Arabia at 23%.<\/p>\n<p>Domestic and inter-Middle Eastern M&amp;As fell 36% to USD 1.8 billion, with industry accounting for 31% of activity. <\/p>\n<p><em>WAM <\/em>reported that the biggest single Middle East deal in Q1 was the sale of the multinational corporation Icopal to Gaf Corp, another multinational. Icopal is active in roofing and waterproofing and had been acquired by Bahrain&rsquo;s Investcorp in 2007. Gaf operates in the same industry. The deal was worth USD 1.1 billion. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-180357\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mergers and acquisitions dropped 67% to USD 4.7 billion in Q1 this year, according to a survey from Thomson Reuters, in the weakest first quarter since 2014.<\/p>\n","protected":false},"author":2316,"featured_media":180357,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-53896","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"Mergers and acquisitions dropped 67% to USD 4.7 billion in Q1 this year, according to a survey from Thomson Reuters, in the weakest first quarter since 2014.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=53896"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/180357"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=53896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=53896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=53896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}