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Complete automotive industry M&A deals really worth $6.4bn have been announced in the US in Q1 2022, led by Cummins’ $3.7bn acquisition of Meritor, according to GlobalData’s deals database.
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The value marked an improve of 3353.1% over the earlier quarter and a increase of 117.6% when in comparison with the past four-quarter typical of $2.96bn.
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The US held a 73.18% share of the international automotive sector M&A offer value that totalled $8.8bn in Q1 2022.
In phrases of offer activity, the US recorded 35 M&A specials all through Q1 2022, marking an raise of 52.17% above the earlier quarter and a increase of 68.67% above the previous 4-quarter ordinary.
US automotive industry M&A specials in Q1 2022: Top discounts
The best 5 automotive industry M&A specials accounted for 100% of the general benefit for the duration of Q1 2022.
The put together price of the leading five automotive M&A discounts stood at $6.44bn, in opposition to the all round price of $6.4bn recorded for the quarter.
The major five automotive marketplace M&A specials of Q1 2022 tracked by GlobalData were:
1) Cummins $3.7bn acquisition offer with Meritor
2) The $2.1bn acquisition of GM Cruise by Typical Motors
3) Cummins $325m acquisition deal with Jacobs Car Units
4) The $255m acquisition of dlhBOWLES by ABC Technologies
5) ARI Network Solutions $57.5m acquisition deal with Highline Sale Investor Team
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