In the Australian oil & gas industry, there were 6 M&A deals announced in Q2 2023, worth a total value of $783.9m, according to GlobalData’s Deals Database. The $776.8m acquisition of peregrine by viva energy group 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.
In value terms, M&A activity in Australia decreased by 67% in Q2 2023 compared with the previous quarter’s total of $2.4bn and rose by 167% as compared to Q2 2022. Related deal volume decreased by 50% in Q2 2023 versus the previous quarter and was 67% lower than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Australia in Q2 2023 were Goldman Sachs Group; Groupe BPCE; JPMorgan Chase & Co with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Australia Q2 2023 were Clifford Chance; Gilbert and Tobin; Herbert Smith Freehills with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.