In 2015, 29 Mergers & Acquistions (M&A) deals of €1.4bn total value were completed, marking a 39% drop compared to 2014. This decline can be attributed to the persistent economic instability in Greece.
Within 2015, there were two national elections, a referendum, a bank holiday, the imposition of capital controls and the signing of the third agreement with the creditors.
The Greek economy is still under a lot of pressure, but appears resilient. “Anno Horibilis” 2015, transaction wise, undoubtedly minimised M&A activity.