EY: Romania's M&A market shrinks by 15% in Q1 despite larger number of deals
The Romanian Mergers and Acquisitions (M&A) market registered 48 transactions in the first three months of 2022, including deals with stakes of 15% or larger, up 17% compared to the first quarter of 2021, according to an analysis by EY…
Andrei Chirileasa · Journalist
· Updated · 1 min read
The Romanian Mergers and Acquisitions (M&A) market registered 48 transactions in the first three months of 2022, including deals with stakes of 15% or larger, up 17% compared to the first quarter of 2021, according to an analysis by EY consulting company.
Despite the higher volume of transactions, the estimated value of local M&A activity in Q1 was USD 1.8 bln, compared to USD 2.1 bln in Q1, 2021 - a level of activity that reflects the global slowdown of the activity after a record year in 2021.
The performance is commented on a positive note by the consultancy company, though.
"The Romanian mergers and acquisitions market has shown steady resilience in the first three months of 2022. Despite difficult geopolitical and macroeconomic contexts, the market of mergers and acquisitions remain significant, close to record levels," commented Iulia Bratu, Partner Associate, Strategy and Transactions, EY Romania, local Ziarul Financiar reported.
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