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.
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 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.