Fuel & Energy sector was M&A market leader in Russia in 2020 AK&M 439 AK&M 02 March 2021 20:27 The fuel and energy sector took the lead in the M&A transactions in Russia in 2020, accounting for 34.9% of the total market volume with 12 transactions for a total amount of $13.8 billion, which is 7.7% above the 2019 result, according to the recent issue (no. 274) of AK&M Information Agency s MERGERS AND ACQUISITIONS MARKET monthly bulletin. Last year s largest M&A event was the exchange of assets between Rosneft and Eduard Khudainatov s Independent Petroleum Company in December, the amount of transaction reaching $11.1 billion. This deal is the largest M&A event in the market for the whole year.