Logo of The Stylish Authority for Competition (GAC)
The Stylish Authority for Competition (GAC) issued 43 no-objection certificates for mergers and acquisitions (M&As) within the 2d quarter of 2022, an lengthen of 23% 365 days-on-365 days (YoY).
Financial concentration applications by some distance flung places institutions accounted for 61% of total applications filed with GAC in Q2 2022, the authority mentioned in a most modern file.
|
M&A Applications in Q2 2022 |
|||
|
Utility Form |
Q2 2021 |
Q2 2022 |
Replace |
|
Below Inquire of |
14 |
9 |
(36%) |
|
Carry out No longer Require Reporting |
36 |
23 |
(36%) |
|
Rejection |
— |
1 |
— |
|
No-Objection |
35 |
43 |
+23% |
|
Total |
85 |
76 |
(11%) |
The data and communication sector made up 30% of total applications within the three-month interval.
Manufacturing industries, and wholesale and trade retail sectors followed with 14% and 9%, respectively.
|
M&A Applications by Sector in Q2 2022 |
|
|
Sector |
No. |
|
Data and Dialog |
15 |
|
Manufacturing Industries |
6 |
|
Wholesale, Retail Replace And Automobile Restore |
4 |
|
Financial Actions and Insurance |
3 |
|
Building and Construction |
3 |
|
Electrical energy, Gasoline Supplies and Air-Conditioning |
3 |
|
Nicely being and Social Work |
5 % |
|
Diversified |
5 % |
|
Transport and Storage |
5 % |
|
Professional, Academic and Technical Actions |
5 % |
|
Arts, Game and Entertainment |
2 % |
|
Agriculture and Fishing |
2 % |
|
Catering and Food |
2 % |
|
Water Supply and Raze Administration |
2 % |
