Middle Eastern M&A based on target nation reached $4.9 billion in the first quarter, 42 per cent lower than the first quarter of 2010. The most targeted industry in the region was the financial sector which accounted for 34 per cent of the activity.
The Middle East saw a big decline in merger and acquisition and equity issuance in the first quarter of the year according to the Thomson Reuters investment banking league tables, as unrest swept through the region……………………………………….Full Article: Source