In the European payments industry, there were 13 M&A deals announced in Q1 2024, worth a total value of $646m, according to GlobalData’s Deals Database. The $437.6m acquisition of Damoon Designated Activity by Northern Data was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q1 2024 unveils the driving forces behind the M&A activities in the industry, providing crucial insights into trends and shifts. Buy the report here.
In value terms, M&A activity in Europe increased by 1746% in Q1 2024 compared with the previous quarter’s total of $35m and rose by 35% as compared to Q1 2023. Related deal volume increased by 30% in Q1 2024 versus the previous quarter and was 19% lower than in Q1 2023.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.
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