In the European tourism & leisure industry, there were 38 M&A deals announced in Q3 2023, worth a total value of $630.8m, according to GlobalData’s Deals Database. The $387.4m majority acquisition of Premier Lotteries Ireland DAC by La Francaise Des Jeux was the industry’s largest disclosed deal. GlobalData’s Travel and Tourism Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 report provides crucial insights into the M&A activity including the themes driving the top deals within the travel & tourism industry. Buy the report here.
In value terms, M&A activity in Europe decreased by 37% in Q3 2023 compared with the previous quarter’s total of $1bn and fell by 86% as compared to Q3 2022. Related deal volume increased by 19% in Q3 2023 versus the previous quarter and was 27% lower than in Q3 2022.
The top-ranked legal advisors supporting these M&A deals in Europe Q3 2023 were DLA Piper; Clifford Chance; Freshfields Bruckhaus Deringer with 3, 2, 2 deals respectively.
For further understanding of GlobalData's Travel And Tourism Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.