General Overview of the Kazakh M&A Market in 2009
Article from: OGEL 2 (2010), in Kazakhstan
Introduction
The Kazakh M&A market as an entire relevant market in the world showed a significant slowdown. A lot of proposed deals have been annulled due to material adverse changes in the economic environment and too much uncertainty about the future to make a move. Transactions of significant worth and leverage have been replaced with smaller deals, but in a larger quantity. Investors also realise that the global financial crunch enables them to buy perspective assets not at a low price but rather at a fair price, which previously was unreasonably high. Currently, we do not see ...