Romania's M&A market falls 26% y/y in volume, slightly up in value in Q1 - PwC Deal, business, corporate contracts BUCHAREST (Romania), April 19 (SeeNews) - Romania's mergers and acquisitions (M&A) market in the first quarter of 2021 contracted by 26% year-on-year in terms of number of transactions but was slightly higher in terms of value, global consultancy PricewaterhouseCoopers (PwC) said on Monday. Forty-two M&A deals worth 600 million euro ($718.5 million) were concluded in the first quarter of the year amid growing investor optimism and adaptation of investment strategies to the new pandemic reality, PwC said in a press release. The average transaction value increased 30% on an annual bsis in the period under review.