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North America leads soft February mining M&A

GlobalData has underlined North America's leadership of the global mining mergers and acquisitions space in the month of February as deal volumes and values continue to decline.
North America leads soft February mining M&A North America leads soft February mining M&A North America leads soft February mining M&A North America leads soft February mining M&A North America leads soft February mining M&A

North America led global M&A activity in February, GlobalData says

Staff Reporter

The research group said February M&A was worth only US$1.26 billion, 18.4% up on January but 61.7% down on the past 12-month average of $3.29 billion.

Canada led with 40 deals in February, followed by Australia with 15 and the US with 12.

North America had $400.66 million of deals in February.

At the country level, South Africa topped the deal-value chart with $300 million as AngloGold Ashanti sold its remaining mining assets in the country to Harmony Gold Mining.

GlobalData said deals worth $2.32 billion were on the table, globally, at the end of February - down 88.2% on the same time last year.