PwC Middle East released today its third edition of TransAct Middle East report entitled ‘A Renewed Search for Value as Confidence Begins to Recover’
PwC Middle East released today its third edition of TransAct Middle East report entitled ‘A Renewed Search for Value as Confidence Begins to Recover’ revealing that while the pandemic severely curbed Merger and Acquisition (M&A) activity globally, dealmakers throughout the region adapted rapidly and imaginatively to the crisis.
As businesses across the globe adapt to the COVID-19 crisis and look forward, they are reviewing their strategic strategic capital allocation and assessing what their core business should look like moving forward. In this context, the report anticipates the following themes will underpin deal activity in the Middle East over the coming two years.
Focus on value preservation: Consolidation of operations and divestment of non-core assets, in line with the global emphasis on repairing and re-configuring businesses.
