Mergers and acquisitions (M&A) in many sectors across Bahrain and the GCC region are expected to go up significantly, according to a KPMG expert, citing the recent increase in the number of acquisitions of technology-based companies by non-technology players, mostly within the telecom and financial services sectors as a growth driver.
KPMG in Bahrain deal advisory partner Nicolas Ribollet explained that the rise in takeovers is in line with economic diversification plans in the GCC .