In the Asia-Pacific payments industry, there were 11 M&A deals announced in Q2 2023, worth a total value of $655.9m, according to GlobalData’s Deals Database. The $537m acquisition of shinsegae group by viva republica was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in Asia-Pacific increased by 182% in Q2 2023 compared with the previous quarter’s total of $232.4m and rose by 22% as compared to Q2 2022. Related deal volume decreased by 31% in Q2 2023 versus the previous quarter and was 50% lower than in Q2 2022.
For further understanding of GlobalData's Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.