Paul Makin, corporate finance partner at PwC researching deals for North East market in 2010. :: Click here to download the 2010 Annual Survey of Deal - around the table Despite a strong start to the year and the overall volume of transactions in the past year, transaction activity remains quiet towards the end of 2010, the majority shareholder in the company's North East is shown by the UK-based and international trade buyers. There were 141 deals completed in 2010 with the completion of the traditional end-year deal likely not materialize. The last three months of this year remained static at 21 companies bought or sold only in the region. This may be due in part to slow down the activity of the uncertainty surrounding the Government Spending Review in October. Although some subsequent transactions completed before the end of the year, the majority are not sophisticated enough to be completed before the beginning of 2011. Disclosed deal value for the year 2010 is significant but up to two years to nearly £ 2.03bn although most of the increase is for 1.6 billion pounds acquisition by Arriva. It is the biggest deal in the region for nearly four years. Deutsche Bahn announced the acquisition of Arriva agreed in April to take over the course of Tyne and Wear Metro earlier this year. North East companies continue to attract strong interest from trade buyers despite the uncertainty surrounding the impact of public sector cuts. Lancashire-based Daisy has two local businesses during the first half of 2010 to spend more than £ 14m, BNS Telecom in February and Fone Logistics in June. Stadium Group disposed plastics division, based in Kent EUROPLAST gas cooker for £ 2.5m in June and also insurance intermediary Cullum Capital Ventures three North East businesses acquired in the current year.