Total financial services industry M&A deals worth $5.18bn were announced in Europe in February 2021, led by Aema Groupe’s $3.88bn acquisition of Aviva France, 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 640% over the previous month of $695.37m and a drop of 50.8% when compared with the last 12-month average of $10.52bn.
Europe held a 27.54% share of the global financial services industry M&A deal value that totalled $18.81bn in February 2021. With a 20.84% share and deals worth $3.92bn, France was the top country in Europe’s M&A deal value across financial services industry.
In terms of M&A deal activity, Europe recorded 51 deals during February 2021, marking an increase of 6.25% over the previous month and a rise of 2.00% over the 12-month average. The UK recorded 27 deals during the month.
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 GlobalDataEurope financial services industry M&A deals in February 2021: Top deals
The top five financial services industry M&A deals accounted for 98.4% of the overall value during February 2021.
The combined value of the top five financial services deals stood at $5.1bn, against the overall value of $5.18bn recorded for the month.
The top five financial services industry M&A deals of February 2021 tracked by GlobalData were:
1) Aema Groupe’s $3.88bn acquisition of Aviva France
2) The $469.84m acquisition of Cargeas Assicurazioni by Intesa Sanpaolo
3) Ontario Municipal Employees Retirement System’s $375m acquisition of Brit
4) The $198.49m acquisition of Nucleus Financial Group by James Hay
5) Ageas Insurance International’s acquisition of AvivaSA Emeklilik ve Hayat for $170.8m.
