Analysis of the key themes driving M&A activity reveals that autonomous vehicles accounted for 10 automotive deals announced in Q2 2023, worth a total value of $71m. The $71m acquisition of Embark Technology by Applied Intuition was the industry’s largest disclosed deal. GlobalData’s Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q2 2023 report provides an overview of merger and acquisition activity globally and identifies the themes driving the most notable deals announced in Q2 2023 in the automotive industry. Buy the report here.

In value terms, autonomous vehicles-related deal activity declined 95% in Q2 2023 as compared to Q2 2022. Related deal volume increased by 150% in Q2 2023 versus the previous quarter and was 233% higher than in Q2 2022.

The top-ranked financial advisors supporting these M&A deals in Q2 2023 were ACP Capital Markets; Benchmark Investments; Evercore with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Q2 2023 were J Sagar Associates; Karanovic & Partners; Norton Rose Fulbright with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Automotive Industry Mergers And Acquisitions Deals By Top Themes In Q2 2023 – Thematic Intelligence, buy the report here.

This content was updated on 18 July 2023

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