The Top 10 Saudi M&A Deals by Deal Size in the Past 5 Years

The top ten deals account for over 90% of total value of transactions, accounting for US$ 100 billion.

The largest deal is the one between Saudi Arabian Oil Company and Saudi Basic Industries Corp (SABIC), valued at US$ 69 billion, followed by National Commercial Bank’s acquisition of Samba Financial Group, both Riyadh-based, valued at US$ 15 billion.

There were 6 other deals, whose deal value is above US$ 1 billion.

JP Morgan, HSBC Saudi Arabia and Morgan Stanley were active in the top 10 deals.

It should be noted that the Saudi Aramco and SABIC M&A transaction is the 3rd largest transaction executed worldwide since the beginning of the decade (2020), behind BHP Group and Unilever acquisitions.