In the South and Central America mining industry, there were 22 M&A deals announced in Q3 2023, worth a total value of $1.1bn, 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 South and Central America decreased by 21% in Q3 2023 compared with the previous quarter’s total of $1.4bn and fell by 17% as compared to Q3 2022. Related deal volume decreased by 31% in Q3 2023 versus the previous quarter and was 57% higher than in Q3 2022.
The top-ranked financial advisors supporting these M&A deals in South and Central America in Q3 2023 were Bank of Nova Scotia; Haywood Securities; Moelis & Co with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in South and Central America Q3 2023 were Cassels Brock & Blackwell; Bofill Escobar Silva Abogados; Bofill Mir Abogados with 2, 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.