The Hungarian mergers and acquisition market has fallen significantly over the past year

In Hungary, the mergers and acquisition (M & A) market fell sharply according to the recent survey of the Allen & Overy International Law Firm.

Lengyel Zoltán, Allen & Overy’s Budapest office partner said at a press conference in Budapest on Tuesday that the M & A market was characterized by lively activity worldwide, although its value fell slightly in the past year: in 2017, the global value of transactions exceeded 4740 billion USD, but this is 3 percent lower than the value in 2016.

The large-scale decline of Hungarian M & A transactions last year was due to the fact that two years ago significant transactions took place in Hungary, but were missing in 2017 – he added. (MTI)