In the Asia-Pacific power industry, there were 121 M&A deals announced in Q4 2023, worth a total value of $6.1bn, according to GlobalData’s Deals Database. The $1.4bn acquisition of Japan Wind Development by INFRONEER was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for 2023 uncovers key trends behind the power 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 Asia-Pacific decreased by 37% in Q4 2023 compared with the previous quarter’s total of $9.7bn and fell by 39% as compared to Q4 2022. Related deal volume increased by 13% in Q4 2023 versus the previous quarter and was 3% lower than in Q4 2022.
The top-ranked financial advisors supporting these M&A deals in Asia-Pacific in Q4 2023 were China Investment; CITIC Securities; Gram Capital with 5, 5, 5 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Asia-Pacific Q4 2023 were Slaughter and May; Allen & Overy; King & Wood Mallesons with 5, 3, 3 deals respectively.
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For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.
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