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Total metals & mining industry M&A deals in December 2019 worth $7.87bn were announced globally, according to GlobalData’s deals database.
The value marked a decrease of 13.2% over the previous month and a rise of 76.5% when compared with the last 12-month average, which stood at $4.46bn.
Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $4.73bn. At the country level, the US topped the list in terms of deal value at $3.02bn.
In terms of volumes, North America emerged as the top region for metals & mining industry M&A deals globally, followed by Asia-Pacific and then Europe.
The top country in terms of M&A deals activity in December 2019 was Canada with 15 deals, followed by the US with 12 and Australia with 11.
In 2019, as of the end of December 2019, metals & mining M&A deals worth $55.11bn were announced globally, marking a decrease of 43.6% year on year.
The top five metals & mining industry M&A deals accounted for 82.6% of the overall value during December 2019.
The combined value of the top five metals & mining M&A deals stood at $6.5bn, against the overall value of $7.87bn recorded for the month.
The top five metals & mining industry deals of December 2019 tracked by GlobalData were:
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