In the German oil & gas industry, there were 7 M&A deals announced in Q3 2023, worth a total value of $114.6m, according to GlobalData’s Deals Database. The $114.6m acquisition of Siemens by Valmet was the industry’s largest disclosed deal. GlobalData’s Oil and Gas Industry Mergers and Acquisitions Deals report for Q3 2023 uncovers key trends behind the oil & gas market M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.
In value terms, M&A activity in Germany remained flat in Q3 2023 compared with the previous quarter and as compared to Q3 2022. Related deal volume increased by 75% in Q3 2023 versus the previous quarter and was 42% lower than in Q3 2022.
The top-ranked financial advisors supporting these M&A deals in Germany in Q3 2023 were Moelis & Co; Nomura; Rothschild & Co with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Germany Q3 2023 were Cleary Gottlieb Steen & Hamilton; Clifford Chance; CMS Legal Services EEIG with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.