(The Khaleej Times)
PwC analysts see customer centricity, digital transformation and localisation of supply chains as some of the key factors which will influence the M&A strategy of businesses and investors across the region.
Merger and acquisition deals in the Middle East bucked global trends in 2020 to record a six per cent surge as worldwide volumes for completed deals fell by nine per cent compared to 2019, PwC said in a report released on Tuesday.
While the pandemic severely curbed M&A activity globally, dealmakers throughout the Middle East region adapted rapidly and imaginatively to the crisis, the report said.
