How artificial intelligence M&A performed in the power industry in … – Power Technology

In value terms, artificial intelligence-related deal activity decreased by 93% in Q2 2023 compared with the previous quarters total of $169m and fell by 58% as compared to Q2 2022. Related deal volume decreased by 33% in Q2 2023 versus the previous quarter and was 50% lower than in Q2 2022.

The top-ranked financial advisors supporting these M&A deals in Q2 2023 were Barclays; Goldman Sachs Group; Raymond James Financial with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Q2 2023 were Fasken Martineau DuMoulin; Norton Rose Fulbright; Shearman & Sterling with 1, 1, 1 deals respectively.

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This content was updated on 18 July 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalDatas Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the worlds largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.

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How artificial intelligence M&A performed in the power industry in ... - Power Technology

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