Analysis of the key themes driving M&A activity reveals that environmental sustainability accounted for 15 financial services deals announced in Q2 2024, worth a total value of $1.6bn. The $1.2bn acquisition of Societe Generale Equipment Finance by Groupe BPCE was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q2 2024 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, environmental sustainability-related deal activity increased by 1835% in Q2 2024 compared with the previous quarter’s total of $82.7m and rose by 233% as compared to Q2 2023. Related deal volume increased by 36% in Q2 2024 versus the previous quarter and was 67% higher than in Q2 2023.
The top-ranked financial advisors supporting these M&A deals in H1 2024 were Gunner & Co; Helfer & Associates; Lazard with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in H1 2024 were Ashurst; Kirkland & Ellis; Cooley with 2, 2, 1 deals respectively.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q2 2024 – Thematic Intelligence, buy the report here.
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