ANALYSIS: Listed Developers Emerge as Prime Targets for Multi-Billion Dolar Corporate Takeovers in 2024

published on 30 September 2024
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Declining Valuations Spark M&A Spree for Listed Developers: Amidst macroeconomic headwinds including elevated cost of capital and supply chain disruption, renewable energy stocks have faced significant pressure globally. As a result, Larger, cash-rich investors are capitalizing on this market downturn, acquiring platforms at lower multiples compared to previous years.

PE Firms Lead the Activity, Adopting ‘Buy-and-Hold’ Approach: This year, PE firms have led 14 billion-dollar corporate deals, a 50% jump from last year. They're strategically deploying fund capital raised pre-rate surge, aiming to streamline the operations of these platforms and hold them for 5-8 years, before realising returns in a future bullish market.

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