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Hilbroy Advisory: Instability in Middle East & N. Africa Slows M&A Activity
Hilbroy Advisory: Instability in Middle East & N. Africa Slows M&A Activity
Egypt’s equity market has been one of the darlings of Africa behind South Africa.
Montreal,
Quebec,
Canada
(prbd.net)
18/04/2011
Montreal, Quebec, April 15, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports:
Global M&A activity took a licking during the global financial crisis before improving in 2010. In 2011, several major M&A announcements have indicated that this market is back to growth. Goldman Sachs is one the biggest banks in M&A and competes with those of other banks like Morgan Stanley, JPMorgan, Credit Suisse and UBS
With the global macroeconomic environment improving, we expect global M&A deal volume to remain elevated from a strong Q1. However, recent political uncertainty in the Middle East may provide some challenges to global growth especially in the Middle East. For example, one of the largest deals of the year, the $12 billion dollar sale of a stake of Kuwait based Zarin to Etisalat of UAE, fell through in part due to political uncertainties.
Over the last couple of years bulge bracket investment banks like Goldman Sachs increased their presence in the Middle East hoping to cash in on an expected growth in M&A activity as these economies look to use strong oil prices to help fund expansion of other industries. Egypt’s equity market has been one of the darlings of Africa behind South Africa.
In many markets, M&A in the region is impacted by restrictions on foreign ownership. In addition to this, a majority control in many companies is held by governments or families that are often unwilling to sell their stakes or give voting rights to shareholders.
According to Dealogic, the total deal value in the Middle East alone stood at around $71 billion in 2010, much lower than that of the Asia-Pacific region where the total deal value in 2010 was estimated at around $816 billion.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean François Amyot
HilbroyAdvisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
About
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
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