A total of 70 Mergers & Acquisitions (M&A) deals (pending and completed) were announced in the Mining of China, in the last twelve months resulting in a total deal value of over $13,176.6 million. In the LTM period, August 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $3,711.3 million, resulting in an average deal value of $412.4 million during that month. On the other hand, the month of August 2021 was the most prolific in terms of deal volume, recording a total of 9 deals, resulting in an average deal value of $412.4 million during that month.
Of the 70 deals, the deal secured between Beijing Hualian Hypermarket Co., Ltd. and Shandong innovation metal technology co., ltd., was the largest M&A deal in the China Mining sector, which was valued at $1,887.5 million and was completed on August 6, 2021. The second-largest deal was between China Fangda Group Co Ltd and Anyang Iron & Steel Group Co.,Ltd, while the third-largest deal was between China Aluminum New Materials Co Ltd and China Aluminum Zhongzhou Aluminum Co Ltd; Chinalco Shandong Co Ltd. The China Fangda Group Co Ltd-Anyang Iron & Steel Group Co.,Ltd deal and the China Aluminum New Materials Co Ltd-China Aluminum Zhongzhou Aluminum Co Ltd; Chinalco Shandong Co Ltd deal were valued at $1,730.0 million and $1,566.5 million, respectively. The fourth-largest deal was between Shanxi Coking Coal Group Co Ltd-Huajin Coking Coal Co Ltd valued at $1,038.9 million, whereas the deal between Yunnan Investment Holding Group Co., Ltd.-Sino-Platinum Metals Co Ltd valued at $1,000.9 million was the fifth-largest deal.
Cumulatively, the top five deals amounted to $7,223.7 million and accounted for nearly 54.82% of the total deals (by value) announced during the last twelve months.
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