Sun, 2020-12-27 10:51
Despite the COVID-19 crisis creating business uncertainty across the Middle East and North Africa (MENA) region, including Saudi Arabia, 2020 has still been an eventful year for mergers & acquisitions (M&As) market, according to Bader Alamoudi, senior country officer for JP Morgan – Saudi Arabia.
In 2020, M&A activity was driven by companies looking to streamline costs and boost efficiency and optimization, particularly during periods of prolonged uncertainty, Alamoudi told Argaam in an interview.
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