In the British oil & gas industry, there were 17 M&A deals announced in Q2 2023, worth a total value of $7.7bn, according to GlobalData’s Deals Database. The $2.8bn acquisition of eg group by asda stores 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 The UK increased by 450% in Q2 2023 compared with the previous quarter’s total of $1.4bn and rose by 266% as compared to Q2 2022. Related deal volume decreased by 26% in Q2 2023 versus the previous quarter and was 29% lower than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in The UK in Q2 2023 were Rothschild & Co; Houlihan Lokey; FRP Advisory Group with 3, 2, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in The UK Q2 2023 were Addleshaw Goddard; CMS Legal Services EEIG; Pinsent Masons International with 3, 3, 2 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.