Analysis of the key themes driving M&A activity reveals that ecommerce accounted for 5 power deals announced in Q2 2024, worth a total value of $127.7m. The $119m acquisition of Ojjo by NEXTracker was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q2 2024 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, ecommerce-related deal activity increased by 22% in Q2 2024 compared with the previous quarter’s total of $105m and fell by 88% as compared to Q2 2023. Related deal volume increased by 150% in Q2 2024 versus the previous quarter.
The top-ranked legal advisors supporting these M&A deals in H1 2024 were Fenwick & West; Foley Hoag; Manassero Campello Advogados with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q2 2024 – Thematic Intelligence, buy the report here.
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