In the French financial services industry, there were 11 M&A deals announced in Q2 2023, worth a total value of $120.9m, according to GlobalData’s Deals Database. The $120.9m minority acquisition of lch by lch group 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 France decreased by 96% in Q2 2023 compared with the previous quarter’s total of $2.7bn. Related deal volume decreased by 15% in Q2 2023 versus the previous quarter and was 83% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in France in Q2 2023 were Rothschild & Co; Lazard; BNP Paribas with 3, 2, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in France Q2 2023 were Gide Loyrette Nouel; Cleary Gottlieb Steen & Hamilton; Clifford Chance with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.