Analysis of the key themes driving M&A activity reveals that renewable energy accounted for 4 financial services deals announced in Q2 2023, worth a total value of $487.2m. The $487.2m acquisition of Virescent Renewable Energy Trust by India Grid Trust was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q2 2023 unveils the driving forces behind the M&A activities in the industry, providing crucial insights into trends and shifts. Buy the report here.
In volume terms, renewable energy-related deal activity increased by 300% in Q2 2023 versus the previous quarter.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were AZB & Partners; Hamilton Locke; Simpson Thacher & Bartlett with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q2 2023 – Thematic Intelligence, buy the report here.