In the Australian oil & gas industry, there were 12 M&A deals announced in Q1 2023, worth a total value of $2.4bn, according to GlobalData’s Deals Database. The $1.7bn acquisition of incitec pivot by cf industries 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 Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in Australia decreased by 83% in Q1 2023 compared with the previous quarter’s total of $14.1bn and rose by 6957% as compared to Q1 2022. Related deal volume increased by 71% in Q1 2023 versus the previous quarter and was 140% higher than in Q1 2022.
The top-ranked financial advisors supporting these M&A deals in Australia in Q1 2023 were Goldman Sachs Group; Groupe BPCE; JPMorgan Chase & Co with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Australia Q1 2023 were Gilbert and Tobin; Herbert Smith Freehills; Jones Day with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
