Construction took the first place in the rating of M&A industries in the third quarter

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AK&M 10 November 2021 12:56

The first place in the rating of M&A industries in the third quarter of 2021 was taken by construction and development with 92 transactions totaling $4.535 billion, which is 98.7% more than a year earlier. The largest transaction of the reporting period was the sale by Sberbank of 100% of the Eurocement Group Group and the rights of claim on its loans to the Mikhailovsky Combine of Building Materials (Mikhailovsky KSM), the structure of the Smikom holding associated with Oleg Deripaska, for $2201.3 million. This is stated in the bulletin "Mergers and Acquisitions Market" of the AK&M News Agency.

According to the results of the period, trade with 7 transactions worth $ 1.72 billion rose to the second place, 2.5 times exceeding the result of 2020. The largest transaction of the third quarter was the purchase by Magnet of the Dixie and Megamart store chains. The transaction value was $1,326 million.

The fuel and energy complex came in third place with 5 transactions worth $1.617 billion, which is 49.1 times more than the sum of two transactions of the same period of the previous year. The largest transaction of the reporting period was the acquisition by the Independent Oil and Gas Company (NOC) of Eduard Khudainatov from Rosneft of another production asset with low profitability and high development — 50% of JSC Tomskneft VNK - estimated for $1.1 billion (see issue No. 283).

The fourth place was taken by a connection with one, but a large transaction in the amount of $ 970 million — this is 47.8 times higher than the volume of two transactions in July-September 2020. The largest transaction of the period was the September sale by Veon Holding of its tower business to the Service Telecom Group of companies.

The fifth place in the rating of industries for the third quarter of 2021 was taken by mechanical engineering. The value of eight transactions in this industry amounted to $498.8 million - 1.8 times more than the value of four transactions of the same period in 2020. The largest transaction of the reporting period was the sale by Russian Helicopters Holding of 50% of BP-Technologies to the structure of the Emirati holding Tawazun for an estimated $475.8 million (No. 281-282).

Read more about the results of the M&A market in the third quarter of 2021 in issue 283 of the monthly bulletin "Mergers and Acquisitions Market" of the AK&M News Agency.

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