Tourism M&A offers $7.52 bn final quarter
Pandemics won’t stop mergers and acquisitions. Such deals could become even more important in tough times, and $ 7.52 billion last quarter is evidence of that.
- Caesars Entertainment’s acquisition of William Hill for $ 3.69 billion
- Indigo GlamorLimited’s acquisition of CAR for $ 2.16 billion
- AccorHotels’ takeover of SBE Entertainment Group for USD 850 million
- Indigo GlamorLimited’s acquisition of CAR for $ 228.28 million
- MultiChoice Group acquires BetKing for USD 115.36 million.
In the fourth quarter of 2020, global cross-border mergers and acquisitions (M&A) in the tourism and leisure industry were announced for $ 7.52 billion, which, according to Caesars Entertainments’ GlobalData deals database, will acquire William Hill $ 3.69 billion was cited.
The figure represents an increase of 315.5% from the previous quarter and an increase of 225.5% from the average for the last four quarters, which was $ 2.31 billion.
When comparing the value of cross-border M&A deals in different regions of the world, Europe led the way with total deals announced for the period worth $ 3.9 billion. At the country level, the UK topped the list in terms of transaction value at $ 3.73 billion.
In terms of volume, Europe became the world’s leading region for cross-border M&A transactions in the tourism and leisure industry, followed by Asia-Pacific and North America.
The top country in terms of cross-border M&A deals in the fourth quarter of 2020 was the UK with five deals, followed by China with four and Germany with three.
In 2020, at the end of the fourth quarter of 2020, global cross-border M&A deals worth $ 12.73 billion were announced in the tourism and leisure industry, down 37.03% year over year.
Cross-border M&A deals in the tourism and leisure industry in the fourth quarter of 2020: top deals
The top five cross-border M&A deals in the tourism and leisure industry accounted for 93.6% of total value in the fourth quarter of 2020.
The total value of the top deals was $ 7.04 billion compared to the total value of $ 7.52 billion for the quarter.
The five most important cross-border tourism and leisure offers of the tourism and leisure industry for the fourth quarter of 2020, which were tracked by GlobalData, were:
- Caesars Entertainment’s acquisition of William Hill for $ 3.69 billion
- Indigo GlamorLimited’s acquisition of CAR for $ 2.16 billion
- AccorHotels’ takeover of SBE Entertainment Group for USD 850 million
- Indigo GlamorLimited’s acquisition of CAR for $ 228.28 million
- MultiChoice Group acquires BetKing for USD 115.36 million.
This analysis only takes into account announced and closed deals from the GlobalData database for financial deals and excludes all canceled and rumored deals. Country and industry are defined according to the headquarters and the dominant industry of the target company. The term “acquisition” refers to both closed deals and deals that are in the bidding phase.
GlobalData tracks real-time data on all mergers and acquisitions, private equity / venture capital, and asset transaction activity around the world from thousands of corporate websites and other trusted sources.
