Total metals & mining industry cross border M&A deals worth $300.26m were announced globally in January 2021, led by Qiangda Investments & Economics &’s $82m asset transaction with Asia Metals, according to GlobalData’s deals database.
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The value marked a decrease of 81.7% over the previous month of $1.64bn and a drop of 81.9% when compared with the last 12-month average, which stood at $1.66bn.
Comparing cross border M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $111.72m. At the country level, the Mexico topped the list in terms of deal value at $82m.
In terms of volumes, North America emerged as the top region for metals & mining industry cross border M&A deals globally, followed by Asia-Pacific and then Europe.
The top country in terms of cross border M&A deals activity in January 2021 was Australia with five deals, followed by the US with five and Canada with four.
In 2021, as of January, metals & mining cross border M&A deals worth $300.26m were announced globally, marking an increase of 3.6% year on year.
metals & mining industry cross border M&A deals in January 2021: Top deals
The top five cross border M&A deals accounted for 93% of the overall value during January 2021.
The combined value of the top five metals & mining cross border M&A deals stood at $279.15m, against the overall value of $300.26m recorded for the month.
The top five metals & mining industry cross border M&A deals of January 2021 tracked by GlobalData were:
1) Qiangda Investments & Economics &’s $82m asset transaction with Asia Metals
2) The $76m asset transaction with Government of Henan ProvInce by Henan Found Mining
3) Allied Gold’s $63.36m asset transaction with Endeavour Mining
4) The $33.78m acquisition of Sky Pearl Exploration by JCHX Mining Management
5) Nemesia’s acquisition of Lundin Gold for $24.01m.
Verdict deals analysis methodology
This analysis considers only announced and completed cross border deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.