31/10/2020
The value of announced Mergers& Acquisitions (M&A) transactions with any Sub-Saharan African involvement reached US$16.0 (Ksh1.7 trillion) billion in the first nine months of 2020. The Refinitiv report covering the first nine months of 2020 has revealed.
According to the report released on Thursday, the Ksh1.7 trillion value is 74% less than the value recorded during the same period last year when Naspers’ US$35.9 billion (Ksh2.9 trillion) internet assets spin-off boosted merger activity to an all-time high.
The value of announced Mergers& Acquisitions (M&A) transactions with any Sub-Saharan African involvement reached US$16.0 (Ksh1.7 trillion) billion in the...