The Top 10 Saudi M&A Deals by Deal Size in the Past 5 Years
22 February 2023•
%2Fuploads%2Fmena-m%26a%2Finfobytes%2F44.jpg&w=3840&q=75)
The top ten deals account for over 90% of total value of transactions, accounting for US$ 100 billion.
The largest deal is the one between Saudi Arabian Oil Company and Saudi Basic Industries Corp (SABIC), valued at US$ 69 billion, followed by National Commercial Bank’s acquisition of Samba Financial Group, both Riyadh-based, valued at US$ 15 billion.
There were 6 other deals, whose deal value is above US$ 1 billion.
JP Morgan, HSBC Saudi Arabia and Morgan Stanley were active in the top 10 deals.
It should be noted that the Saudi Aramco and SABIC M&A transaction is the 3rd largest transaction executed worldwide since the beginning of the decade (2020), behind BHP Group and Unilever acquisitions.
Author
.jpg&w=3840&q=75)
We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.
%2Fuploads%2Fmena-m%26a%2FMENA-MnA-cover.jpg&w=3840&q=75)
