In the Brazilian financial services industry, there were 14 M&A deals announced in Q2 2023, worth a total value of $1.6bn, according to GlobalData’s Deals Database. The $1.5bn acquisition of liberty mutual insurance by hdi international 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 Brazil increased by 104% in Q2 2023 compared with the previous quarter’s total of $783.5m and rose by 114% as compared to Q2 2022. Related deal volume increased by 100% in Q2 2023 versus the previous quarter and was 56% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in Brazil in Q2 2023 were Alvarez & Marsal Holdings; JPMorgan Chase & Co; Rothschild & Co with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in Brazil Q2 2023 were Demarest e Almeida Advogados; Pinheiro Neto Advogados; Bronstein, Zilberberg, Chueiri & Potenza Advogados with 3, 2, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.