A total of 35 Mergers & Acquisitions (M&A) deals (pending and completed) were announced in the Financial Services of the South and Central America region, in the last twelve months resulting in a total deal value of over $16,405.2 million. In the LTM period, October 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $9,120.4 million, resulting in an average deal value of $3,040.1 million during that month. On the other hand, the month of February 2022 was the most prolific in terms of deal volume, recording a total of 6 deals, resulting in an average deal value of $687.5 million during that month.
Of the 35 deals, the deal secured between Covea Mutual Insurance Group Co and PartnerRe Ltd., was the largest M&A deal in the South and Central America Financial Services sector, which was valued at $9,000.0 million and was completed on October 28, 2021. The second-largest deal was between Rede D'Or Sao Luiz SA and Sul America SA, while the third-largest deal was between The Bank of Nova Scotia and Scotiabank Chile. The Rede D'Or Sao Luiz SA-Sul America SA deal and the The Bank of Nova Scotia-Scotiabank Chile deal were valued at $2,600.0 million and $1,023.1 million, respectively. The fourth-largest deal was between Brickell Insurance Holdings LLC-Randall & Quilter Investment Holdings Ltd valued at $632.4 million, whereas the deal between Itau Corpbanca-Itau CorpBanca Colombia SA valued at $414.0 million was the fifth-largest deal.
Cumulatively, the top five deals amounted to $13,669.5 million and accounted for nearly 83.32% of the total deals (by value) announced during the last twelve months. The South and Central America region accounted for 3.40% of the total M&A deals done globally, and accounted for 0.41% of the total deal size on a global scale.
United States of America
United States of America
United States of America
United States of America
United States of America
United States of America
United States of America
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer