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  1. Deals Analysis
May 6, 2022

Metals & Mining industry M&A deals total $4.1bn globally in March 2022

By Carmen

Total metals & mining industry M&A deals worth $4.1bn were announced globally in March 2022, led by China Fangda Group’s $1.7bn acquisition of 80% stake in Anyang Iron & Steel Group, according to GlobalData’s deals database.

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The value marked an increase of 83.3% over the previous month of $2.21bn and a drop of 13.7% when compared with the last 12-month average, which stood at $4.69bn.

Comparing M&A deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $3.7bn. At the country level, the China topped the list in terms of deal value at $1.79bn.

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

The top country in terms of M&A deals activity in March 2022 was Canada with seven deals, followed by the Australia with six and India with six.

In 2022, as of March, metals & mining M&A deals worth $7.75bn were announced globally, marking an increase of 1.2% year on year.

metals & mining industry M&A deals in March 2022: Top deals

The top five M&A deals accounted for 91.7% of the overall value during March 2022.

The combined value of the top five metals & mining M&A deals stood at $3.71bn, against the overall value of $4.1bn recorded for the month.

The top five metals & mining industry M&A deals of March 2022 tracked by GlobalData were:

1) China Fangda Group $1.7bn acquisition deal for 80% stake in Anyang Iron & Steel Group

2) The $1.61bn acquisition of 93.7% stake in Neelachal Ispat Nigam by Tata Steel Long Products

3) Star Alliance International $180m acquisition deal for 99% stake in Starving Lion

4) The $146.58m acquisition of PT Petrosea by PT Caraka Reksa Optima

5) Sichuan Xinjinlu Group $78.82m acquisition deal with Qinghai Jintai Potash Fertilizer

Related Companies

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.

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