| From Kuwaittimes.net: Merger and acquisition activity in the Middle East is expected to recover in 2010, driven by sovereign wealth funds in Abu Dhabi and Qatar, the potential for consolidation in several industries and as companies are forced to restructure, a senior banker said yesterday.
There is quite a bit of fragmentation, i.e. the region is really ripe for consolidation," said Peter Fort, executive director in Morgan Stanley's Dubai office..........................................Full Article: Source
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