In the European mining industry, there were 21 M&A deals announced in Q4 2023, worth a total value of $221.6m, according to GlobalData’s Deals Database. The $180.3m acquisition of Shanta Gold by Saturn Resources was the industry’s largest disclosed deal. GlobalData’s Mining Industry Mergers and Acquisitions Deals report for 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.

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In value terms, M&A activity in Europe decreased by 59% in Q4 2023 compared with the previous quarter’s total of $538.3m and fell by 46% as compared to Q4 2022. Related deal volume decreased by 19% in Q4 2023 versus the previous quarter and was 25% lower than in Q4 2022.

The top-ranked financial advisors supporting these M&A deals in Europe in Q4 2023 were Allenby Capital; Canaccord Genuity Group; Ernst & Young Global with 2, 2, 2 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Europe Q4 2023 were Allens; CMS Legal Services EEIG; Fasken Martineau DuMoulin with 2, 2, 2 deals respectively.

For further understanding of GlobalData's Mining Industry Mergers and Acquisitions Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.

This content was updated on 8 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.