In the Asia-Pacific power industry, there were 97 M&A deals announced in Q2 2024, worth a total value of $3.6bn, according to GlobalData’s Deals Database. The $930.9m minority acquisition of Guodian Construction Investment Inner Mongolia Energy by China Energy Group 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, M&A activity in Asia-Pacific increased by 6% in Q2 2024 compared with the previous quarter’s total of $3.4bn and fell by 17% as compared to Q2 2023. Related deal volume decreased by 19% in Q2 2024 versus the previous quarter and was 12% lower than in Q2 2023.
The top-ranked financial advisors supporting these M&A deals in Asia-Pacific in H1 2024 were Astrum Financial; AZB & Partners; Barclays with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Asia-Pacific in H1 2024 were TriLegal; Cyril Amarchand Mangaldas; Gilbert and Tobin with 2, 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.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.