Russian M&A Market Increased by 25% in 2010
OREANDA-NEWS. February 21, 2011. Russian M&A market last year increased by 27% and made around 52,09 billion USD against 41 billion USD in 2009. This might be the evidence of a turnaround of a slumping trend existing on the market since 2007. This is the central conclusion of the annual overview Russian M&A market in 2010 prepared by FBK, reported the press-centre of FBK.
According to FBK the overall number of transactions involving Russian market participants increased by 4%. However the central source of the growth of Russian M&A market was generated by large-scale transactions, mostly cross-border ones. The amount of cross-border transactions made 24,6 billion USD (around 44% of the whole Russian M&A market).
At the same time 93% of the overall amount of Russian assets purchased by foreign companies fell on the three major transactions (the share of foreign assets bought by Russian companies is 14, 8% in terms of value and 25,5% in terms of number out of transactions with foreign participation). The share of transactions over 1 billion USD had 64,36% of the overall volume of the M&A market. At the same time the level of an average salary stayed at the last year’s level: 235 million USD.
As Director of FBK’s Valuation Department, Stanislav Anikanov notes, one of peculiarities of M&A market is still information protection.
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