In the Middle East and Africa pharmaceutical industry, there were 7 M&A deals announced in Q4 2023, worth a total value of $1bn, according to GlobalData’s Deals Database. The $1bn majority acquisition of Aster DM Healthcare FZC by Alpha GCC was the industry’s largest disclosed deal. GlobalData’s Pharmaceuticals Industry Mergers and Acquisitions Deals by Top Themes report for 2023 dissects the driving forces behind the M&A dynamics within the Pharma sector, offering essential insights into industry trends and transformations. Buy the report here.

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In value terms, M&A activity in Middle East and Africa increased by 677% in Q4 2023 compared with the previous quarter’s total of $128.7m. Related deal volume decreased by 13% in Q4 2023 versus the previous quarter and was 17% higher than in Q4 2022.

The top-ranked financial advisors supporting these M&A deals in Middle East and Africa in Q4 2023 were Ernst & Young Global; Gulf International Bank; HSBC with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Middle East and Africa Q4 2023 were Baker & McKenzie; Baratz, Horn & Co.; Clifford Chance with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.

This content was updated on 8 January 2024

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

GlobalData’s 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 world’s 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.