Total financial services industry M&A deals worth $7bn were announced globally in June 2021, led by AIALimited’s $1.86bn acquisition of 24.99% stake in China Post Life InsuranceLtd, 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 a decrease of 10.6% over the previous month of $7.84bn and a drop of 33.6% when compared with the last 12-month average, which stood at $10.55bn.
Comparing M&A deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $3.91bn. At the country level, the China topped the list in terms of deal value at $2.14bn.
In terms of volumes, North America emerged as the top region for financial services industry M&A deals globally, followed by Europe and then Asia-Pacific.
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 GlobalDataThe top country in terms of M&A deals activity in June 2021 was the US with 67 deals, followed by the UK with 20 and Brazil with nine.
In 2021, as of June, financial services M&A deals worth $57.2bn were announced globally, marking an increase of 44.9% year on year.
financial services industry M&A deals in June 2021: Top deals
The top five M&A deals accounted for 55.2% of the overall value during June 2021.
The combined value of the top five financial services M&A deals stood at $3.87bn, against the overall value of $7bn recorded for the month.
The top five financial services industry M&A 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) Hollard Insurance Group’s $467.37m acquisition of CommInsure
4) The $300m acquisition of SafeAuto Insurance by Allstate
5) HDFC Bank’s acquisition of HDFC ERGO General InsuranceLimited for $257.18m.
