Retail industry M&A deals in April 2020 total $763.47m globally

28 May 2020 (Last Updated May 28th, 2020 13:32)

Retail industry M&A deals in April 2020 total $763.47m globally

Total retail industry M&A deals in April 2020 worth $763.47m were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 95.1% over the previous month and a drop of 88.2% when compared with the last 12-month average, which stood at $6.45bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $521.89m. At the country level, Republic of Korea (South Korea) topped the list in terms of deal value at $243.2m.

In terms of volumes, Asia-Pacific emerged as the top region for retail industry M&A deals globally, followed by Europe and then North America.

The top country in terms of M&A deals activity in April 2020 was the US with 11 deals, followed by Japan with eight and Canada with four.

In 2020, as of the end of April 2020, retail M&A deals worth $23.06bn were announced globally, marking an increase of 124.1% year on year.

Retail industry M&A deals in April 2020: Top deals

The top five retail industry M&A deals accounted for 88.4% of the overall value during April 2020.

The combined value of the top five retail M&A deals stood at $675.05m, against the overall value of $763.47m recorded for the month.

The top five retail industry deals of April 2020 tracked by GlobalData were:

1) Shinsegae’s $243.2m acquisition of Shinsegae DF

2) The $163.58m merger of Aeon Kyushu and Maxvalu Kyushu by

3) Generali Real Estate and PSN’s $160.8m asset transaction with

4) The $68.29m acquisition of Tesco Stores (Malaysia) Sdn by CP Retail DevelopmentLtd, Tesco and Tesco Holdings

5) PIONEER FORTRESS’s acquisition of Sing Yang (Overseas) for $39.19m.

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.