15.07.2011 - SWFs to drive M&As in Mena region
Investment bank Moelis & Co. expects to see a gradual rise in mergers and acquisitions (M&A) activity in the Gulf Arab region driven by cash-rich sovereign funds and industrial firms seeking expansion opportunities, an executive said on Thursday. Mergers and acquisitions (M&A) in the Mena region hit a rough patch in the wake of the financial crisis as an era of leverage-led buyouts waned and several high-profile investments suffered heavy losses..............................................Full Article: Source
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