Mining, metals M&A could be poised for rebound, EY says

Global mining and metals deal appetite could be poised for a rebound in the next 12 months, according to a report by consultancy group EY.

The 19th EY Global Capital Confidence Barometer (CCB) found that 58% of global mining executive respondents intend to pursue mergers and acquisitions (M&A) in the next 12 months, compared with an average of 46% across all sectors. The focus in 2018 is shifting from divestment-led mining M&A transactions to strategic growth-centered deals, the report said. Consolidations for scale and efficiency may also become a critical driver of deals in the sector. “Divergence in commodity price performance is expected; miners will diversify by region and commodity to balance portfolios and hedge against revenue fluctuations,” EY said. “The rapid evolution and expected growth of...


Andrea Hotter

November 08, 2018

12:48 GMT