In the US oil & gas industry, there were 113 M&A deals announced in Q1 2023, worth a total value of $23.2bn, according to GlobalData’s Deals Database. The $4.6bn acquisition of diversey by solenis 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 The US increased by 34% in Q1 2023 compared with the previous quarter’s total of $17.3bn and fell by 37% as compared to Q1 2022. Related deal volume decreased by 18% in Q1 2023 versus the previous quarter and was 37% lower than in Q1 2022.
The top-ranked financial advisors supporting these M&A deals in The US in Q1 2023 were Evercore; Royal Bank of Canada; Barclays with 5, 5, 4 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in The US Q1 2023 were Kirkland & Ellis; Vinson & Elkins; Gibson, Dunn & Crutcher with 13, 11, 4 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
