In the Australian payments industry, there were 3 M&A deals announced in Q2 2023, worth a total value of $0.9m, according to GlobalData’s Deals Database. The $0.9m acquisition of auspac financial advisory by takumi holidays pte. was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, M&A activity in Australia decreased by 97% in Q2 2023 compared with the previous quarter’s total of $29m and fell by 90% as compared to Q2 2022. Related deal volume remained flat in Q2 2023 versus the previous quarter and was 200% higher than in Q2 2022.
For further understanding of GlobalData's Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.