In the Chinese mining industry, there were 13 M&A deals announced in Q3 2023, worth a total value of $1bn, according to GlobalData’s Deals Database. The $312m majority acquisition of Zhejiang Qixin Alloy Material by Wuchan Zhongda Zhejiang Industrial Investment 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 China increased by 49% in Q3 2023 compared with the previous quarter’s total of $671.6m and fell by 57% as compared to Q3 2022. Related deal volume decreased by 32% in Q3 2023 versus the previous quarter and was 46% lower than in Q3 2022.
For further understanding of GlobalData's Mining Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.