In the Chinese automotive industry, there were 11 M&A deals announced in Q3 2023, worth a total value of $1.5bn, according to GlobalData’s Deals Database. The $700m minority acquisition of XPeng by Volkswagen was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 report provides an overview of merger and acquisition activity globally and identifies the themes driving the most notable deals announced in Q3 2023 in the automotive industry. Buy the report here.
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In value terms, M&A activity in China increased by 296% in Q3 2023 compared with the previous quarter’s total of $379.3m and rose by 480% as compared to Q3 2022. Related deal volume decreased by 21% in Q3 2023 versus the previous quarter.
The top-ranked legal advisorss supporting these M&A deals in China Q3 2023 were Cleary Gottlieb Steen & Hamilton with 1 deals respectively.
For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.
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