In the Brazilian power industry, there were 14 M&A deals announced in Q3 2023, worth a total value of $239.8m, according to GlobalData’s Deals Database. The $200.1m acquisition of 2W Ecobank by WEG was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q3 2023 uncovers key trends behind the power market M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.
In value terms, M&A activity in Brazil decreased by 47% in Q3 2023 compared with the previous quarter’s total of $448.2m and fell by 92% as compared to Q3 2022. Related deal volume increased by 133% in Q3 2023 versus the previous quarter and was 17% higher than in Q3 2022.
The top-ranked financial advisors supporting these M&A deals in Brazil in Q3 2023 were Bank of America; Itausa; KPMG International Coop with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Brazil Q3 2023 were Machado, Meyer, Sendacz e Opice Advogados; Stocche Forbes Advogados; Lefosse Advogados with 3, 3, 1 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.
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