KIEV, Dec. 16 – The Ukrainian mergers and acquisitions market in 2009 will be worth around $8-10 billion due to a large number of small and large deals in various economic sectors, according to a survey by Sokrat Investment Group.

"Many deals will be initiated due to hopelessness or in order to sell a part of business to raise additional funds. The average size of the deal will fall, and their number will grow. The range of sectors will be rather wide," the group's experts said.

According to their forecast, a role of investment banks as financial consultants on deals will grow in these conditions.