Global industrials & chemicals M&A value breaks quarterly record
Total value in global M&A in the industrials and chemicals sector reached US$212.4 billion. This is a new high record for the sector, overtaking the previous value record set in Q1 2019, which recorded US$208.2 billion. The largest transaction of the quarter saw Swedish electric vehicle manufacturer Polestar acquired by special purpose acquisition company (SPAC) Gores Guggenheim.