Total retail industry deals for October 2020 worth $21.45bn were announced globally, according to GlobalData’s deals database.
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The value marked an increase of 14.1% over the previous month and a rise of 148.2% when compared with the last 12-month average of $8.64bn.
In terms of number of deals, the sector saw a rise of 5.7% over the last 12-month average with 130 deals against the average of 123 deals.
In value terms, Europe led the activity with deals worth $9.23bn.
Retail industry deals in October 2020: Top deals
The top five retail deals accounted for 73.8% of the overall value during October 2020.
The combined value of the top five retail deals stood at $15.83bn, against the overall value of $21.45bn recorded for the month.
The top five retail industry deals of October 2020 tracked by GlobalData were:
1) Mohsin Issa, TDR Capital and Zuber Issa’s $8.77bn private equity deal with Asda Stores
2) The $3.61bn acquisition of A-Rt Retail Holding by Taobao China Holding
3) The $1.6bn merger of HIMS and Oaktree Acquisition
4) The $1bn private equity deal with LuLu Group International by Abu Dhabi Developmental Holding Company
5) Mubadala Investment’s private equity deal with Reliance Retail Ventures for $847.79m.
Verdict deals analysis methodology
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.
Visit our ‘Retail Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the retail industry.