Turkish deal-making was lowest since at least 2011 -Ernst & Young
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ISTANBUL (Reuters) - Ernst & Young Turkey said on Tuesday that the disclosed amount of mergers and acquisitions in Turkey stood at $2.7 billion (2.05 billion pounds) in 2019, the lowest since at least 2011, reflecting the effects of recession and the 2018 currency crisis. The total amount of deals, which includes undisclosed amounts, reached $5 billion in 2019 and is expected to reach $8 billion in 2020, it said. Both the transaction volume and numbers are expected increase this year.Ernst &..