China Dominates M&A Deals As Activity Falls

The value of merger and acquisition (M&A) deals for the metals and mining industry slipped by 6.7 per cent in September compared with the previous month, according to GlobalData’s deals database.

Compared with the last 12-month average of $5.18 billion, September dropped by 63.4 per cent with the top five deals in the industry accounting for 77.4 per cent of the month’s overall value.

The Asia-Pacific region held the top value position for deals around the globe, with its total announced deals worth $1.37 billion, with Chinese companies making up $1.34 billion of the total deal value.