In the Italian power industry, there were 14 M&A deals announced in Q2 2023, worth a total value of $224.7m, according to GlobalData’s Deals Database. The $224.7m acquisition of erg power by achernar assets 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 Power Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in Italy decreased by 88% in Q2 2023 compared with the previous quarter’s total of $1.9bn and fell by 74% as compared to Q2 2022. Related deal volume decreased by 18% in Q2 2023 versus the previous quarter and was 8% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Italy in Q2 2023 were Cisternino Desiderio & Partners; Deloitte Touche Tohmatsu; Ernst & Young Global with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Italy Q2 2023 were Dentons UK and Middle East; Watson Farley & Williams; DLA Piper with 5, 2, 1 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.