The global upstream market witnessed 42 mergers and acquisition (M&A) transactions worth $9.4bn in August 2017, according to a report by GlobalData.
Titled ‘Monthly Upstream Deals Review – August 2017‘, the report provides an overview of the global M&A activity during the month of August.
Five deals each valued at $100m were registered during the month, with a combined projected worth of $8.9bn.
Comparatively, July witnessed 13 deals valued more than $100m that had a combined value of $9.1bn.
In terms of deal volume, the Americas led the global M&A activity with 30 deals accounting for a share of 71%. The EMEA led the M&A market in terms of value with a share of 83% from nine deals totalling $7.8bn.
The top deal registered during the month was Total’s plans to acquire Maersk Olie og Gas from AP Moller for $7.5bn.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData