In the European oil & gas industry, there were 93 M&A deals announced in Q1 2023, worth a total value of $7.4bn, according to GlobalData’s Deals Database. The $3.3bn acquisition of totalenergies by alimentation couche-tard 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 Europe decreased by 20% in Q1 2023 compared with the previous quarter’s total of $9.3bn and fell by 25% as compared to Q1 2022. Related deal volume decreased by 20% in Q1 2023 versus the previous quarter and was 2% lower than in Q1 2022.
The top-ranked financial advisors supporting these M&A deals in Europe in Q1 2023 were Houlihan Lokey; Jefferies Financial Group; ClearThink Capital with 2, 2, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Europe Q1 2023 were CMS Legal Services EEIG; Addleshaw Goddard; Uria Menendez Abogados with 6, 2, 2 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.
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