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Sovereign Wealth Funds Briefing - Categorized | Market, Research, Trends

Moelis sees pick up in Gulf M&A, thanks to SWF

Posted on 18 July 2011

Investment bank Moelis & Co says it expects to see a gradual rise in M&A activity in the Gulf Arab region driven by cash-rich sovereign wealth funds and industrial firms looking for opportunities to expand.
“We expect to see a gradual up pick in M&A activity in the region going forward. It’s not going to be a huge surge but we are seeing bits and pieces of all the factors coming together for an ideal M&A market,” said Augusto Sasso, co-head of MENA investment banking at Moelis……………………………………….Full Article: Source

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