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North America’s metals & mining industry saw a rise of 10.50% in cross border deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database.
A total of 50 cross border deals worth $1.34 billion were announced for the region during Q1 2021, against the last four-quarter average of 45.25 deals.
Of all the deal types, merger and acquisition (M&A) saw the most activity in Q1 2021 with 43 deals, representing an 86% share for the region.
In second place was private equity with seven deals capturing a 14% share of the overall cross border deal activity for the quarter.
In terms of value of cross border deals, M&A was also the leading category in North America’s metals & mining industry with $1.28 billion, followed by private equity deals, which totalled $63.8 million.
The top five metals & mining cross border deals accounted for a 75.4% share of the overall value during Q1 2021.
The combined value of the top five cross border deals stood at $1.01 billion, against the overall value of $1.34 billion recorded for the quarter.
The top five metals & mining industry cross border deals of Q1 2021 tracked by GlobalData were:
