Thursday, February 7, 2013

Africa mergers and acquisitions grew 18% to $25 billion in 2012 - Report

The value of mergers and acquisitions for sub-Saharan African targets rose by 18 percent to US$25 billion last year.

About half or US$12 billion worth of the deals targeted South African companies, said a Thomson Reuters Deals Intelligence report on Sub-Saharan Africa Investment Banking Analysis 2012 released Tuesday.

"The next most targeted nations were Nigeria and DR Congo. South Africa and The United Kingdom were the most acquisitive nations during 2012, accounting for 39 percent

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