Total financial services industry M&A deals in Q2 2020 worth $273.97m were announced in the UK, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked a decrease of 87.3% over the previous quarter and a drop of 97.3% when compared with the last four-quarter average of $10.24bn.

The UK held a 1.5% share of the global financial services industry M&A deal value that totalled $18.64bn in Q2 2020.

In terms of deal activity, the UK recorded 52 deals during Q2 2020, marking a drop of 27.8% over the previous quarter and a drop of 28.8% over the last four-quarter average.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The UK financial services industry M&A deals in Q2 2020: Top deals

The top five financial services industry M&A deals accounted for 78.6% of the overall value during Q2 2020.

The combined value of the top five financial services M&A deals stood at $215.32m, against the overall value of $273.97m recorded for the month.

The top five financial services industry deals of Q2 2020 tracked by GlobalData were:

1) Singapore Exchange’s $127.38m acquisition of BidFX

2) The $25.32m acquisition of Nami Holding (Cayman) by Hebron Technology

3) MICT’s $25m acquisition of Global Fintech Holdings

4) The $22.14m acquisition of Sterling Trust Financial Consulting by Kingswood Holdings

5) China Yueda Group’s acquisition of Stepwide Developments for $15.48m.

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.