In the Asia-Pacific oil & gas industry, there were 94 M&A deals announced in Q2 2023, worth a total value of $4.1bn, according to GlobalData’s Deals Database. The $796.7m majority acquisition of pi advanced materials by arkema was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
Smarter leaders trust GlobalData
In value terms, M&A activity in Asia-Pacific decreased by 63% in Q2 2023 compared with the previous quarter’s total of $11.2bn and fell by 51% as compared to Q2 2022. Related deal volume decreased by 27% in Q2 2023 versus the previous quarter and was 31% lower than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Asia-Pacific in Q2 2023 were Deloitte Touche Tohmatsu; Groupe BPCE; HDFC Bank with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Asia-Pacific Q2 2023 were Baker & McKenzie; Herbert Smith Freehills; Clove Legal with 2, 2, 1 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
