18.07.2011 - Moelis sees pick up in Gulf M&A, thanks to SWF
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. Itís 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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