Total financial services industry deals for August 2019 worth $43.87bn were announced globally, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked an increase of 122.6% over the previous month and a rise of 66.6% when compared with the last 12-month average of $26.33bn.

In terms of number of deals, the sector saw a rise of 10.2% over the last 12-month average with 291 deals against the average of 264 deals.

In value terms, Europe led the activity with deals worth $36.06bn.

Financial services industry deals in August 2019: Top deals

The top five financial services deals accounted for 83.1% of the overall value during August 2019.

The combined value of the top five financial services deals stood at $36.47bn, against the overall value of $43.87bn recorded for the month.

The top five financial services industry deals of August 2019 tracked by GlobalData were:

1) London Stock Exchange Group’s $27bn acquisition of Refinitiv

2) The $3.6bn private equity deal with PK AirFinance by Apollo Global Management and Athene Holding

3) Mastercard’s $3.18bn asset transaction with Nets

4) The $1.93bn acquisition of Genworth MI Canada by Brookfield Business Partners

5) Intact Financial’s acquisition of Frank Cowan and The Guarantee of North America for $753.3m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.