Home>News & Insights>Insights>March 2024 top M&A deals in emerging markets by regionMarch 2024 top M&A deals in emerging markets by region EMIS Insights EMIS 02.05.2024 1 min read By EMIS DealWatch Emerging Europe Czech utility company CEZ will acquire a 55.2% stake in gas distribution company GasNet from Macquarie Asset Management for EUR 846.5mn. The deal, financed by a bridge loan with plans for bond market refinancing, reflects a total value of approximately EUR 3.6bn considering the assumed net debt. GasNet owns and operates the Czech Republic’s largest gas distribution system, covering 80% of the country with a 65,000 km pipeline network. It delivers 66 TWh of gas annually to 2.3 million connection points. Middle East & Africa Saudi e-commerce platform Salla has raised USD 130mn in a pre-IPO funding round led by Bahrain’s Investcorp, with contributions from Sanabil Investments and STV Capital. Salla, which employs over 160 people, offers a SaaS solution that enables businesses to quickly launch e-commerce websites. The platform supports around 400 additional e-commerce applications. Latin America and the Caribbean Brazilian mining company Vale agreed to buy the remaining 45% of power generation company Allianca Energia from Companhia Energetica de Minas Gerais (CEMIG) for USD 540.8mn, giving Vale full ownership. Established in 2013 as a joint venture, Allianca consolidates hydroelectric and wind energy assets totaling 1,438 MW capacity in Brazil. Vale is a global leader in iron ore and nickel production, extending its operations into renewable energy and enhancing its portfolio in energy generation. Emerging Asia A consortium led by PAG Private Equity will invest USD 8.3bn for a 60% stake in Dalian Wanda’s mall unit, Newland Commercial Management. Dalian Wanda will retain a 40% stake. Newland, which manages 496 large shopping malls across China, was previously part of a restructuring agreement with PAG announced last December. Other investors include CITIC Capital, Abu Dhabi Investment Authority, Mubadala Investment Company, and Ares Management Corporation. Are you interested in M&A intelligence? Request a demo of our platform here Tags Emerging MarketsTop DealsRecent Posts Flows tilting towards fixed income EPFR 28.05.2026 Insights, Publications With headline inflation in the Eurozone and US hitting 31 and 35-month highs, respectively, investors found themselves revisiting the discounts Read More May 2026 | Top M&A Deals EMIS 26.05.2026 Insights Explore top M&A Deals in Emerging Markets. The month’s top 5 deals per region, ranked by deal value. Read More USA Rare Earth Strikes USD 2.8bn Deal for Brazil’s Serra Verde in Landmark Rare Earths Push EMIS 26.05.2026 Insights USA Rare Earth (USAR) has agreed to acquire Brazil’s Serra Verde Group in a transaction valued at approximately USD 2.8bn, creating what the companies describe as the first fully integrated “mine-to-magnet” rare earth platform outside Asia and marking one of the most strategically significant critical minerals deals of the year. Read More Sorry, no articles match the current filters. Sorry, no articles match the current search query.