Led by Pacific Equity Partners and The Carlyle Group’s $2.71bn private equity deal with Link Administration Holdings, Asia-Pacific’s financial services industry saw a drop of 21.54% in cross border deal activity during Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 51 cross border deals worth $4.6bn were announced for the region during Q4 2020, against the last four-quarter average of 65 deals.

Of all the deal types, M&A saw most activity in Q4 2020 with 25, representing a 49.02% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was venture financing with 24 deals, followed by private equity deals with two transactions, respectively capturing a 47.1% and 3.9% share of the overall cross border deal activity for the quarter.

In terms of value of cross border deals, private equity was the leading category in Australia’s financial services industry with $2.71bn, while M&A and venture financing deals totalled $1.59bn and $301.99m, respectively.

Asia-Pacific financial services industry cross border deals in Q4 2020: Top deals

The top five financial services cross border deals accounted for a 91.3% share of the overall value during Q4 2020.

The combined value of the top five cross border deals stood at $4.19bn, against the overall value of $4.6bn recorded for the quarter.

The top five financial services industry cross border deals of Q4 2020 tracked by GlobalData were:

1) Pacific Equity Partners and The Carlyle Group’s $2.71bn private equity deal with Link Administration Holdings

2) The $533.65m acquisition of Westpac General Insurance and Westpac General Insurance Services by Allianz

3) Kina Securities’ $420m acquisition of Westpac Bank PNG and Westpac Banking

4) The $329.35m acquisition deal with Beijing Rural Commercial Bank by Beijing State-owned Capital Operation and Management Center

5) Partners Life’s asset transaction with National Australia Bank for $205.29m.