Europe’s metals and mining deals down 8.6%

Europe’s metals and mining industry saw a drop of 8.6% in overall deal activity during the third quarter, when compared with the four-quarter average, according to GlobalData’s deals database.

A total of 32 deals, worth $1.28-billion, were announced for the region during the third quarter 2020, compared with the last four-quarter average of 35 deals.

Of all the deal types, mergers and acquisitions (M&A) saw most activity in the third quarter 2020 with 28 deals, representing an 87.5% share for the region.