Analysis of the key themes driving M&A activity reveals that social responsibility accounted for 3 financial services deals announced in Q2 2023, worth a total value of $240m. The $240m acquisition of ADM Crop Risk Services by American Financial Group 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 value terms, social responsibility-related deal activity increased by 461% in Q2 2023 compared with the previous quarter’s total of $42.8m. Related deal volume increased by 200% in Q2 2023 versus the previous quarter.
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.