In the North American mining industry, there were 152 M&A deals announced in Q3 2023, worth a total value of $4bn, according to GlobalData’s Deals Database. The $3.4bn minority acquisition of Vale Base Metals by Engine No. 1 and Manara Minerals 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 North America increased by 344% in Q3 2023 compared with the previous quarter’s total of $901.3m and rose by 65% as compared to Q3 2022. Related deal volume decreased by 21% in Q3 2023 versus the previous quarter and was 1% lower than in Q3 2022.
The top-ranked financial advisors supporting these M&A deals in North America in Q3 2023 were Canaccord Genuity Group; Red Cloud Securities; Bank of Montreal with 5, 5, 4 deals respectively.
The top-ranked legal advisors supporting these M&A deals in North America Q3 2023 were Fasken Martineau DuMoulin; Cassels Brock & Blackwell; Bennett Jones with 15, 11, 5 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.