In the Brazilian mining industry, there were 11 M&A deals announced in Q3 2023, worth a total value of $666.9m, according to GlobalData’s Deals Database. The $652.4m acquisition of Undisclosed – Miguel Burnier iron ore mine – Brazil from Undisclosed by Gerdau was the industry’s largest disclosed deal. GlobalData’s Mining Industry Mergers and Acquisitions Deals report for Q3 2023 helps discover the latest insights on Mining Industry M&A transactions. The report uncovers the analyzes the disruptive themes behind the most notable deals, and helps anticipate shifts in the industry landscape. Buy the report here.
In value terms, M&A activity in Brazil decreased by 39% in Q3 2023 compared with the previous quarter’s total of $1.1bn and rose by 166% as compared to Q3 2022. Related deal volume increased by 22% in Q3 2023 versus the previous quarter and was 267% higher than in Q3 2022.
The top-ranked legal advisorss supporting these M&A deals in Brazil Q3 2023 were Demarest e Almeida Advogados; Fasken Martineau DuMoulin; Latham & Watkins with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Mining Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.