Foreign investments in Russian assets rose sharply in 2019: this year was the most successful in terms of investment activity since the introduction of sanctions, RBC reports citing KPMG research.
The total volume of transactions in the mergers and acquisitions market grew by 21.5%, reaching $ 63 billion. Foreign companies acquired $ 20.9 billion worth of Russian assets, 49.5% up comparing to a year earlier. Domestic transactions reached $ 40.1 billion, 19% up. The company believes that foreign investors saw the success of the Russian economy in adapting to sanctions and overcoming oil dependence. This means that the return on Russian assets is becoming more predictable.
Sources: http://mbgazeta.ru
Author: Anna Dorozhkina