Advertisement
|17 February, 2019

Kuwait comes 2nd in GCC’s M&As in 5 yrs: report

The number of M&As concluded in Kuwait in the mentioned period soared around 163% to 42 from 16, the report found.

Investor watches computer screen on trading floor of Kuwait Stock Exchange

Investor watches computer screen on trading floor of Kuwait Stock Exchange

REUTERS/Stephanie McGeHee

Mubasher: Kuwait ranked second among the GCC economies in terms of the number of mergers and acquisitions (M&As) concluded from 2014 to 2018, according to a report released by Kuwait Financial Centre (Markaz).

The number of M&As concluded in Kuwait in the mentioned period soared around 163% to 42 from 16, the report found.

Markaz’s report noted that the biggest M&As was in the food, beverages, telecommunications, and education sectors.

Advertisement

The Kuwaiti M&As market is expected to grow in the coming period, senior official at Markaz revealed.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Markets