In the second half of 2021 the number of asset transactions increased significantly by 123.8% from the same period in 2020. This marks a deceleration in growth from the 342.9% increase in deals that occurred in H1 2021 relative to the same period a year earlier.
During this time, the region that saw the biggest increase in the number of deals was the Asia-Pacific region, which saw a 400% increase. From the second half of 2020 to the second half of 2021, the largest regional increase in deals was seen in Europe, with a 100% increase in deals.
During second half of 2021, asset transactions accounted for 6.3% of all deals taking place in the sector. This represents a decrease from the figure of 13.1% in second half of 2020.
GlobalData's deals database is a comprehensive repository that looks at mergers, acquisitions, venture financing, equity offerings, asset transactions, partnerships, and debt offerings taking place daily between thousands of companies across the world. The database details key deal information, such as deal summary, deal rationale, deal financials, parties involved, advisors, and deal payment modes.
By tracking the proportion of various types of deals in each sector we can gauge which sectors are seeing growth and where others are struggling.
The highest value asset transaction announced in 2021 (where the deal value was known), is the the planned acquisition of Lundin Energy's E&P business by Aker BP. The deal is set to be worth $13.9bn.
The database states that the rationale behind this deal was as follows: "The transaction will enable AkerBP to strengthen its E&P business operations."