In the European power industry, there were 187 M&A deals announced in Q4 2023, worth a total value of $13.4bn, according to GlobalData’s Deals Database. The $2bn acquisition of Enerfin by Statkraft 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 Europe increased by 135% in Q4 2023 compared with the previous quarter’s total of $5.7bn and rose by 39% as compared to Q4 2022. Related deal volume increased by 25% in Q4 2023 versus the previous quarter and was 2% higher than in Q4 2022.
The top-ranked financial advisors supporting these M&A deals in Europe in Q4 2023 were KPMG International Coop; Rothschild & Co; PricewaterhouseCoopers International with 11, 10, 7 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Europe Q4 2023 were CMS Legal Services EEIG; Watson Farley & Williams; Allen & Overy with 16, 16, 15 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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