In the fourth quarter of 2015, global M&A activity slowed to its lowest levels recorded since 2012. The new lows touched both deal value and deal volume.
Eleven major deals were announced worldwide, eight of which exceeded $100 million. Total global deal value amounted to $3.2 billion, 70.5 percent below the previous quarter. Canadian activity mirrored the global deceleration. China’s economic uncertainty and the worldwide commodities rout are weighing heavily on the mining industry.
This report will deliberate on the global M&A activity in mining industry, including gold, copper, iron, coal, uranium and others. It will also focus on M&A activity in Canada’s mining industry.
They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
KPMG International has created a state of the art digital platform that enhances your experience, optimized to discover new and related content.