Metals & mining industry M&A deals in Q4 2020 total $18.94bn globally

20 January 2021 (Last Updated January 20th, 2021 11:37)

Metals & mining industry M&A deals in Q4 2020 total $18.94bn globally

Total metals & mining industry M&A deals in Q4 2020 worth $18.94bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 78.2% over the previous quarter and a rise of 45% when compared with the last four-quarter average, which stood at $13.06bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $6.94bn. At the country level, Australia topped the list in terms of deal value at $5.17bn.

In terms of volumes, North America emerged as the top region for metals & mining industry M&A deals globally, followed by Asia-Pacific and then Europe.

The top country in terms of M&A deals activity in Q4 2020 was Canada with 165 deals, followed by Australia with 75 and the US with 44.

In 2020, as of the end of Q4 2020, metals & mining M&A deals worth $51.23bn were announced globally, marking a decrease of 7.2% year on year.

Metals & mining industry M&A deals in Q4 2020: Top deals

The top five metals & mining industry M&A deals accounted for 56.2% of the overall value during Q4 2020.

The combined value of the top five metals & mining M&A deals stood at $10.65bn, against the overall value of $18.94bn recorded for the month.

The top five metals & mining industry deals of Q4 2020 tracked by GlobalData were:

1) Northern Star Resources’ $4.11bn acquisition of Saracen Mineral Holdings

2) The $2.39bn acquisition of KAZ Minerals by Nova Resources

3) Endeavour Mining’s $1.86bn acquisition of Teranga Gold

4) The $1.15bn acquisition of DSI Underground by Sandvik

5) WSP Global’s acquisition of Golder Associates for $1.14bn.

Verdict deals analysis methodology

This analysis considers only announced and completed 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.

 

Visit our ‘Mining Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the mining industry.