1. Trends
1.1 M&A Market
Although the M&A market in South Africa (SA) has picked up
to pre-COVID levels, there has been a decrease in M&A activity
in 2023. In the period from January to September 2023, deal
activity decreased by 26% year-on-year, and almost 40% when
compared with deal activity in 2021.
1.2 Key Trends
From January to September 2023, there were 214 successful deals
by exchange-listed companies with a total value of ZAR312.539
billion. This marks a decline from 2022, where 278 successful
exchange-listed deals were recorded within that same period,
although the value of these deals amounted to ZAR337.736 billion.
It is interesting to note that of the 214 deals recorded, South
African domiciled exchangelisted companies were involved in 40
crossborder transactions.
