In the Indian oil & gas industry, there were 16 M&A deals announced in Q2 2023, worth a total value of $243.8m, according to GlobalData’s Deals Database. The $166.5m minority acquisition of polyplex by agp holdco 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.
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In value terms, M&A activity in India increased by 242% in Q2 2023 compared with the previous quarter’s total of $71.2m and fell by 31% as compared to Q2 2022. Related deal volume increased by 100% in Q2 2023 versus the previous quarter and was 33% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in India in Q2 2023 were HDFC Bank; Kotak Mahindra Bank; Swaraj Shares and Securities with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in India Q2 2023 were Clove Legal; Link Legal Advocates; Pioneer Legal 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.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
