Mergers and acquisitions - M&A.jpg
Photograph: caper.hr

A total of 647 mergers and acquisitions (M&A) in Central and Southeast Europe were conducted in the first half of 2015, their value coming at US$ 16.5 billion, and Croatia saw a drop in the number and value of M&A in H1 2015, according to the latest M&A Barometer compiled by the Ernst & Young (EY) audit and consulting company.

Croatia had only nine transactions in H1 2015 as against 22 in the corresponding period in 2014, and therefore it is at the bottom of the rankings comprising the countries in the region.

The value of those nine transactions is put at $400 million.

Lena Habus, Director at EY Advisory Service, said on Tuesday that after two years of an increase in M&A, Croatia saw a drop in the first half of 2015.

"The recent wave of mergers and acquisitions is set to continue with 59% of global companies now planning to acquire in the next 12 months, according to EY’s 13th Global Capital Confidence Barometer, a survey of more than 1,600 executives in 53 countries. This is the highest appetite to acquire recorded by the survey in its six-year history," the Ernst & Young (EY) said on its web site.

The Barometer finds the M&A market buoyed by record values in 2015, set for further growth in the next year. With global deal value up 35% on 2014 and more $10b+ megadeals already announced in 2015 than in any previous year, the prospect of further growth in the M&A market looks certain. Four out of five executives (83%) expect activity to increase.

Latest news

Trump administration reverses transgender bathroom protections

The Trump administration on Wednesday withdrew Obama-era guidance about the use of school and university bathrooms by transgender students, local media reported.

Several Dakota Access Pipeline protesters arrested as deadline passes

Several people at a camp protesting against a controversial oil pipeline in the US state of North Dakota were arrested Wednesday after a deadline to vacate the land passed, local media reported.

Germany deports 18 rejected asylum seekers to Afghanistan

A Kabul-bound plane with 18 Afghan migrants on board took off from Munich Airport late Wednesday, its passengers becoming the third group of rejected asylum seekers to be deported by German authorities back to Afghanistan.

New Romanian justice minister named after anti-corruption protests

Romanian Prime Minister Sorin Grindeanu has named a former judge to be the country's next justice minister, after the previous office holder resigned under pressure from mass anti-corruption protests.

Le Pen's chief of staff indicted in European Parliament jobs probe

The chief of staff of Marine Le Pen, the far-right candidate for president in upcoming French elections, was indicted Wednesday over allegations of irregular reimbursements from the European Parliament, a judicial source told dpa.

Montenegrin police extradites Miodrag Jovic to Croatia

Montenegrin police reported on Wednesday that they extradited to Croatia Miodrag Jovic (48) from Glina, after whom Interpol Zagreb issued an arrest warrant.

Croatian minister attends CoMoCoSEE conference in Albania

Culture Minister Nina Obuljen Korzinek participated in a third conference of the Council of Ministers of Culture of South-Eastern Europe (CoMoCoSEE) that took place in Tirana on February 21-22.

New Somali president asks al-Shabaab to surrender to 'help' country

Somalia's newly elected President Mohamed Abdullahi Farmajo asked Islamist terrorist group al-Shabaab to surrender in order "to help rebuild" the conflict-ridden East African nation.

Serbia's EU negotiator says minority rights neglected

The head of the Serbia's European Union accession negotiation team, Tanja Miscevic, said in Novi Sad on Wednesday that minority rights had been neglected for many years and added that positive results in that regard cannot be achieved over night, the Beta news agency has reported. 

Scientists: Nearby star's 7 rocky planets are "best bet" for life

New analysis of telescope data shows a dwarf star just 40 light years from Earth has at least seven apparently rocky planets with potential to harbour water, an international team of scientists announced Wednesday.

Croatian PM receives EIB Vice-President

Prime Minister Andrej Plenkovic met on Wednesday with European Investment Bank (EIB) Vice-President Dario Scannapieco for talks on the bank's contribution to a new investment cycle in Croatia and its support to the Croatian government to implement key projects, a press release from the government's office said.

Bomb explodes outside police officer's home in Northern Ireland

A bomb exploded outside a police officer's home in Northern Ireland on Wednesday but there were no immediate reports of casualties.