Total financial services industry cross border deals worth $9.5bn were announced globally for June 2021, with the $1.86bn acquisition of 24.99% stake in China Post Life InsuranceLtd being the sector’s biggest investment, according to GlobalData’s deals database.
Go deeper with GlobalData
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked an increase of 41.2% over the previous month of $6.72bn and a rise of 17.7% when compared with the last 12-month average of $8.06bn.
In terms of number of cross border deals, the sector saw a rise of 39.33% with 124 deals in June 2021 when compared to the last 12-month average of 89 deals.
In value terms, Asia-Pacific led the activity with cross border deals worth $4.81bn in June 2021.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDatafinancial services industry cross border deals in June 2021: Top deals
The top five cross border deals accounted for 51.2% of the overall value during June 2021.
The combined value of the top five cross border deals stood at $4.86bn, against the overall value of $9.5bn recorded for the month.
The top five financial services industry cross border deals of June 2021 tracked by GlobalData were:
1) AIALimited’s $1.86bn acquisition of 24.99% stake in China Post Life InsuranceLtd
2) The $985.19m acquisition of Nutmeg Saving & Investment by JPMorgan Chase
3) Alkeon Capital, Blackstone Growth, EQT Growth, General Atlantic, HMI Capital and TCV’s $800m venture financing of Mollie
4) The $750m venture financing deal of NU Pagamentos by Berkshire Hathaway, MSA Capital and Sands Capital Ventures
5) Hollard Insurance Group’s acquisition deal with CommInsure for $467.37m.
