In the retail sector, M&A are expected to rise in the GCC in 2024

Featured image of the article In the retail sector, M&A are expected to rise in the GCC in 2024

An article by Sophie Baqué

Publication

11 October 2024 à 13h09

Updated on 14 October 2024 à 12h47

Reading time

2 minutes

Publication: 11 October 2024 à 13h09, Updated on 14 October 2024 à 12h47

Reading time: 2 minutes

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An article by Sophie Baqué

Publication

11 October 2024 à 13h09

Updated on 14 October 2024 à 12h47

Reading time

2 minutes

Publication: 11 October 2024 à 13h09, Updated on 14 October 2024 à 12h47

Reading time: 2 minutes

Share
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As online retailers are putting a rising pressure on omnichannel retailers, retailers located in the Gulf Cooperation Council are expected to see a rise in M&A transactions. According to the investment banking consultancy Alpen Capital, since the start of 2023, the retail sector has seen 6 intra-regional M&A deals, a moderate level linked to geopolitical and economic uncertainties in the region. These include the US$50 million takeover of Jumeirah Trading by BinDawood Holding, the acquisition o

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Featured image of the article Sophie Baqué
Sophie Baqué
Featured image of the article Sophie Baqué
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