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M&A deals drop 54 pct in Middle East in Q3

Posted on 08 December 2009

From Arabfinance.com: The value of mergers and acquisitions deals dropped by 54 percent in the Middle East and North Africa in the third quarter from a year earlier, Ernst & Young said in a report on Monday.

In the third quarter of this year, the value of disclosed M&A deals declined to $7.14 billion, against $15.64 billion in the same period of 2008, the advisory services firm said in an emailed statement……………………………..Full Article: Source

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