GLOBAL FINANCIAL ADVISORY MERGERS & ACQUISITIONS RANKINGS H1 2013
07/02/2013
Bloomberg 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37.
Table of Contents Introduction Global Market Commentary Notable Highlights I Notable Highlights II Americas Notable Highlights EMEA Notable Highlights APAC Notable Highlights Global M&A Activity M&A League Tables by Industry Global Announced Deals Cross Border Announced Deals Global Private Equity Announced Deals United States Announced Deals I United States Announced Deals II Canada Announced Deals I Canada Announced Deals II Latin America Announced Deals Brazil Announced Deals Europe Announced Deals I Europe Announced Deals II United Kingdom Announced Deals Germany Announced Deals France Announced Deals Italy Announced Deals Benelux Announced Deals Iberia Announced Deals Nordic Announced Deals Africa/Middle East Announced Deals Eastern Europe Announced Deals Asia Pacific Ex-Japan Announced Deals I Asia Pacific Ex-Japan Announced Deals II Australia & New Zealand Announced Deals Japan Announced Deals China Announced Deals Hong Kong Announced Deals India Announced Deals South East Asia Announced Deals
Bloomberg 2013 1st Half Mergers & Acquisitions Financial Advisory Rankings The Bloomberg M&A Advisory League Tables are the definitive publication of M&A advisory rankings. The tables represent the top financial and legal advisors across a broad array of deal types, regions, and industry sectors.The rankings data is comprised of mergers, acquisitions, divestitures, spin-offs, debt-for-equity-swaps, joint ventures, private placements of common equity and convertible securities, and the cash injection component of recapitalizations according to Bloomberg standards. Bloomberg M&A delivers real-time coverage of the M&A market from nine countries around the world. We provide a global perspective and local insight into unique deal structures in various markets through a network of over 800 financial and legal advisory firms, ensuring an accurate reflection of key market trends. Our quarterly league table rankings are a leading benchmark for legal and financial advisory performance, and DealSpace & DealBrief newsletters provide summary highlights of weekly M&A activity and top deal trends. Visit {NI LEAG CRL <GO>} to download copies of the final release and a full range of market specific league table results. Type MA <GO> 96 <GO> 42 <GO> to view live rankings.
For data submissions or queries, please contact: Contact
Phone
Fax
North America
Mariana Trindade
+1-212-617-3692
+1-917-369-3965
mtrindade1@bloomberg.net
EMEA
Inesa Smigola
+44-20-3525-7149
+44-20-7942-1792
ismigola@bloomberg.net
Asia Pacific
Devanshi Desai
+61-2-9777-8661
+61-2-9770-8561
dparekh10@bloomberg.net
+55-11-3048-4669
fsimon5@bloomberg.net
LATAM +55-11-3048-4619 Fernando Simon General M&A queries may be submitted to: m-a@bloomberg.net For 24 hour global customer support call
+1 212 318 2000
+44 20 7330 7500
+65 6212 1000
+81 3 3201 8900
or press the HELP key twice on the BLOOMBERG PROFESSIONAL(R) service.
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Bloomberg
Global Review
Regional Deal Activity
Firms in the US contributed 44% of the total volume, exceeding the aggregate volume from non-US firms by nearly a third. This was attributable in part to the $16 billion mega-acquisition of Life Technologies Corp by Thermo Fischer Scientific, the largest deal of the quarter. China was the second most active region in terms of deal-making with 275 deals collectively worth $47.72 billion. The late-quarter joint venture announced by PetroChina Co Ltd for Taikang Asset Management Co Ltd was the region's largest deal worth nearly $10 billion. UK firms spent close to $40 billion on 463 acquisitions, a 17% increase year-over-year in total value. In Asia, Japanese firms announced 468 worth $22.13 billion, representing a 49% drop from the same period last year.
Total Volume by Industry: Q2 2013
Consumer Non-cyclical 24%
Industry Sector Deal Activity
Consumer Non-Cyclical was for the second quarter in a row the most targeted industry both in terms of deal value and deal count, with 1,245 deals totalling nearly $120 billion and constituting 24% of overall volume. This tops the highest deal volume in the first quarter— $96 billion in the Financial sector—by 15%. Biomendical companies were the most popular targets. The average deal premium across industries for the quarter was 26%, with buyers paying the most in the Diversified and Consumer Cyclical sectors (63% and 37% respectively). In the Utilities industry, Berkshire Hathaway completed the third largest deal of the quarter with the purchase of NV Energy Inc. on May 29th. What would have been the largest, the $38 billion bid for Sprint Nextel by DISH Network Corp, was terminated on June 16th. Top buyers were once again private equity (PE) and venture capital (VC) firms, even though strategic buyers out-bought financial buyers. Kleiner Perkins Caufield was the busiest firm, with 18 deals totalling $363 million. The total number of PE deals fell by 20% compared to the same period last year, with average premiums falling from 26% to 15%. In the Investment Banking industry, announced deals declined approximately 25% in the second quarter, despite CEO confidence and cash levels above the 4% long-term average (Bloomberg Industries).
Diversified 0% Technology 4% Utilities 6% Basic Materials 4%
Financial 22%
Consumer, Cyclical 10%
Communications 9% Industrial 10%
Energy 11%
Heat Map: Q2 2013 Volume by Region North America (39%)
39%
Asia Pacific (24%)
24%
Western Europe (19%)
19%
Latin America & Caribbean (11%)
11%
Eastern Europe (4%)
4%
Middle East & Africa (4%)
4%
* All Q2 2013 numbers as of June 30, 2013.
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Bloomberg
Global Review Notable Highlights
Global M&A volume increased by 3% to $489 billion from last quarter but decreased by 10% from the same period last year. The trend in deal count is similarly negative, falling from 6,727 deals in the second quarter of 2012 to 5,956 in June. Deal making activity was highest in North America & Latin America, where 3,389 deals made up 56% of the total global volume. M&A deal activity in Asia Pacific also fell by 14% following a four-year low in the first quarter. In the EMEA region, deal volume fell to $186.4 billion, down 5% compared to the first quarter.
Global M&A Quarterly Volume 9000
Americas M&A Quarterly Volume 900000
4500
8000
800000
4000
7000
700000
3500
6000
600000
5000
500000
4000
400000
3000
300000
2000
200000
1000
100000
Volume
Deal Count
Volume
600000
Deal Count
Deal Count
3000
400000 e
2500 300000 2000 1500
200000
1000
Total Volume (USD Mln)
Total Volume (USD Mln)
Deal Count
500000
100000
0
500
0 2008 Q2
2009 Q2
2010 Q2
2011 Q2
2012 Q2
0
2013 Q2
0 2008 Q2
EMEA M&A Quarterly Volume 4000
Volume
2010 Q2
2011 Q2
2012 Q2
2013 Q2
APAC M&A Quarterly Volume 3500
450000
Deal Count
400000
3500
Volume
250000
Deal Count
3000 200000
350000
200000 1500
150000
1000
100000
500
50000
0
0 2008 Q2
2009 Q2
2010 Q2
2011 Q2
2012 Q2
2013 Q2
150000
2000 1500
100000
1000 50000 500 0
Total Volume (USD Mln)
250000 2000
Total Volume (USD Mln)
300000
2500
2500
Deal Count
3000
Deal Count
2009 Q2
0 2008 Q2
2009 Q2
2010 Q2
2011 Q2
2012 Q2
2013 Q2
*All Total Value figures in USD millions. * All Q2 2013 numbers as of June 30, 2013
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Bloomberg
Global Review Notable Highlights
The majority of deal making occurred in the mid-market range (below $500 million), with only four mega-deals (over $10 billion) being brokered. Cash continued to be the preferred payment method, used in 79% of transactions. Only 4% of buyers used a hybrid of cash & stock payment, representing a drop of over 60% compared to the same period last year. Announced premiums fell this quarter, with only 3% of deals producing a premium of between 50-75% compared to about 4% in the second quarter of last year.
Q2 2013 Global M&A Aggregate Statistics Public Target Multiples Total Assets Revenue Stockholder Eqty Book Value Market Cap Enterprise Value Net Income + Deprec EBIT Net Income Cashflow from Ops. EBITDA Income B/F XO Free Cashflow
# Deals 427 399 402 397 349 328 316 260 282 231 240 230 168
Min - Max .00 - 97.46 .00 - 1729.81 .00 - 795.70 .00 - 208.12 .00 - 85.03 .00 - 122.05 .00 - 930.67 .00 - 1815.79 .00 - 4409.63 .00 - 596.73 .01 - 453.57 .01 - 2260.15 .00 - 1941.81
Median 0.82 1.13 1.85 1.89 1.27 1.03 12.48 13.02 18.92 10.73 7.83 19.39 24.81
Deal Type Sum m ary Company Takeover Cross Border Asset sale Minority purchase Private Equity Additional Stake Purchase Venture Capital Majority purchase Joint Venture Private Placement Tender Offer Leveraged Buyout Spin-off
# Deals 2392 2070 1391 1438 1263 766 886 402 199 125 87 130 41
Volum e 288.64B 212.1B 107.76B 45.35B 83.45B 46.31B 10.2B 33.65B 10.45B 7.04B 51.58B 29.81B 4.4B
Percent 58.96 43.32 22.01 9.26 17.04 9.46 2.08 6.87 2.13 1.44 10.54 6.09 0.9
Paym ent Type Sum m ary Cash Stock Cash & Stock Cash & Debt Cash or Stock Debt Undisclosed
# Deals 3742 253 109 20 10 15 1525
Volum e 374.43B 53.19B 20.2B 4.73B 657.39M 545.52M 17.68B
Percent 79.1 11.2 4.3 1.0 0.1 0.1 3.7
Prem ium s Paid 0-10% 10.01-25% 25.01-50% 50.01-75% >100%
# Deals 49 54 52 19 13
Volum e 45.05B 72.89B 34.11B 8.75B 443.96M
Percent 16.83 27.23 12.74 3.27 0.17
Deal Size Breakdow n 0-500M 500.01-1000M 1000.01-5000M 5000.01-10,000M > 10,000M
# Deals 5776 90 71 14 4
Volum e 143.3B 63.13B 133.74B 99.58B 49.82B
Percent 97.0 1.5 1.2 0.2 0.1
Current Status Pending Completed Terminated
# Deals 2587 3368 15
Volum e 388.96B 100.6B 43.06B
Percent 73.03 18.89 8.08
Current Prem ium 0-10% 10.01-25%
# Deals 5910 18
Volum e 476.93B 6.74B
Percent 97.42 1.38
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Bloomberg
Global Review Americas Notable Highlights
Summary Number of Dea l s Vol ume Avera ge Dea l Si ze Avera ge Premi um Most Acquisitive Company Acqui rer Kl ei ner Perki ns Number of Dea l s Vol ume Avera ge Dea l Si ze
3389 275.87B 160.86M 26.65% Ca ufi el d 18 363.00M 20.17M
Announce Date 15/04/2013 29/05/2013 27/04/2013 27/05/2013 20/05/2013 29/05/2013 06/05/2013 12/06/2013 31/05/2013 24/06/2013
Target Name Life Technologies Corp NV Energy Inc RPI portfolio asset Bausch & Lomb Inc Warner Chilcott PLC Smithfield Foods Inc BMC Softw are Inc Canada Safew ay Ltd Portfolio of US Residential MBS Vanguard Health Systems Inc
Acquirer Name Thermo Fisher Scientific Inc Berkshire Hathaw ay Inc Credit Suisse Group,Lone Star Funds Valeant Pharmaceuticals Int Actavis Inc Shuanghui International Bain Capital,GIC,Golden Gate,Insight Venture Empire Co Ltd Goldman Sachs,Unnamed Buyer Tenet Healthcare Corp
INDUSTRY
COUNTRY
TOP ACQUIRERS
TOP ACQUIRERS
Private Equity
$28.20
Investment Companies
$23.08
Instruments-Scientific
$15.91
Diversified Financial Services
$14.69
Medical-Drugs
$13.67
TOP TARGETS
U.S.
$194.75
Canada
$26.50
Brazil
$13.75
U.K.
$12.18
China
$11.75
TOP TARGETS
Medical-Biomedical/Gene
$17.83
Real Estate Oper/Development
$12.50
Electric-Integrated
$10.45
U.S.
$193.65
Canada
$14.45
Brazil
$13.49
Food-Meat Products
$9.78
Belgium
$8.85
Oil Comp-Explor&Prodtn
$9.67
U.K.
$7.31
$. * All Q2 2013 numbers as of June 30, 2013
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Total Value (mil.) $15,901.0 $10,365.6 $8,722.7 $8,700.0 $7,809.4 $6,955.2 $6,735.7 $5,694.1 $5,007.4 $4,126.8
$5
$10 $15 $20 $25 $30
$-
Total Volume (USD Bln)
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$100
$150
$200
$250
Total Volume (USD Bln)
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Bloomberg
Global Review EMEA Notable Highlights
Summary Number of Dea l s 2008 Vol ume 186.93B Avera ge Dea l Si ze 196.57M Avera ge Premi um 31.51% Most Acquisitive Company Acqui rer Index Ventures Number of Dea l s 11 Vol ume 330.39M Avera ge Dea l Si ze 30.04M
Announce Date 24/06/2013 12/04/2013 27/04/2013 11/06/2013 03/06/2013 30/04/2013 19/04/2013 31/05/2013 19/06/2013 23/04/2013
Target Name Kabel Deutschland Holding AG DE Master Blenders 1753 NV RPI portfolio asset Eurobank Ergasias SA Dubai Aluminium Co Ltd Hindustan Unilever Ltd Port Kembla,Port Botany Portfolio of US Residential MBS Springer Science+Business Siam Makro PCL
Acquirer Name Vodafone Group PLC Joh A Benckiser SE Credit Suisse,Lone Star Funds Hellenic Financial Stability Fund Emirates Aluminium Co Ltd Unilever NV AustralianS.,Cbus,Hesta,Host,Ind,Taw reed Goldman Sachs,Unnamed Buyer BC Partners Holdings Ltd CP ALL PCL
INDUSTRY
COUNTRY
TOP ACQUIRERS
TOP ACQUIRERS
Private Equity
$23.29
Investment Companies
$20.73
Diversified Operations
$17.07
Diversified Financial Services
U.K. U.S.
$34.35 $16.14
U.A.E.
$13.53
$13.89
Austria
TOP TARGETS
$11.64
TOP TARGETS
Cable/Satellite TV
$13.48
Coffee
Germany
$10.08 $9.55
Netherlands
Commer Banks Non-US
$9.32
U.K.
Metal Processors&Fabrica
$7.50 $-
$5
$10
$26.02
U.S.
Investment Companies
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$39.89
Switzerland
$14.80
Cellular Telecom
. * All Q2 2013 numbers as of June 30, 2013
Total Value (mil.) $13,480.9 $10,075.5 $8,722.7 $7,753.0 $7,500.0 $5,446.9 $5,070.0 $5,007.4 $4,422.7 $4,082.8
$20.40 $18.01 $16.80
France $15
$20
$25
$11.31 $-
$10
Total Volume (USD Bln)
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$30
$40
$50
Total Volume (USD Bln)
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Bloomberg
Global Review APAC Notable Highlights
Summary Number of Dea l s Vol ume Avera ge Dea l Si ze Avera ge Premi um Most Acquisitive Company Acqui rer Mi ts ui Number of Dea l s Vol ume Avera ge Dea l Si ze
Announce Date 14/06/2013 31/05/2013 10/05/2013 29/05/2013 30/04/2013 19/04/2013 19/06/2013 23/04/2013 11/06/2013 05/04/2013
1867 154.78B 123.13M 21.32% & Co Ltd 9 1.52B 168.51M
Target Nam e Taikang Asset Mgmt Co Ltd SM Land Inc China Resources Gas Group Ltd Smithfield Foods Inc Hindustan Unilever Ltd Port Kembla,Port Botany Springer Sci+Bus Media GmbH Siam Makro PCL Thermal pw r syst business Transport et Infs Gaz Fr SA
Acquirer Nam e PetroChina Co Ltd SM Prime Holdings Inc China Resources Pow er Hldgs Co Ltd Shuanghui International Hldgs Ltd Unilever NV AustralianS.,Cbus,Hesta,Host,Ind,Taw reed BC Partners Holdings Ltd CP ALL PCL Mitsubishi Heavy Industries Ltd Electricite de France,Gov of Sing Inv.,Snam
INDUSTRY
COUNTRY TOP ACQUIRERS
TOP ACQUIRERS Investment Companies
$24.29
Invest Mgmnt/Advis Serv
$14.56
Oil Comp-Integrated
$13.51
TOP TARGETS
$21.08 $13.24
Hong Kong
$9.66
Philippines
$9.34
TOP TARGETS
Real Estate Oper/Development
China
$12.88
Pipelines
Gas-Distribution
$7.07
U.S.
Food-Meat Products
$6.99
Phillipines
$5
$10
$15
$16.98
Japan
$9.98
$-
$39.12
Australia
$10.21
Real Estate Mgmnt/Services
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$47.72
Australia
$15.43
Real Estate Mgmnt/Services
China Japan
$16.09
Diversified Operations
. * All Q2 2013 numbers as of June 30, 2013
Total Value (m il.) $9,786.65 $7,329.99 $7,064.92 $6,955.21 $5,446.90 $5,070.00 $4,422.66 $4,082.83 $3,250.44 $3,122.40
$20
$25
$30
$14.83 $13.56 $9.38 $-
$10
Total Volume (USD Bln)
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$40
$50
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Total Volume (USD Bln)
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Bloomberg Global M&A Activity
Regional Breakdown by Target Region/Country
Regional Breakdown by Target Region/Country 1/1/13 - 6/30/13
2013
FIRM Americas Latin America North America Canada United States EMEA
2012
VOLUME
DEAL
VOLUME
DEAL
USD (Mln)
COUNT
USD (Mln)
COUNT
VOLUME CHANGE
$469,744
5,829
$466,202
6,388
0.76%
$37,795
378
$65,027
578
-41.88%
$438,674
5,511
$420,628
5,858
4.29%
$36,633
711
$59,389
774
-38.32%
$395,183
4,688
$340,872
4,996
15.93%
$295,799
3,229
$315,705
3,436
-6.31%
Eastern Europe
$37,838
571
$36,106
435
4.80%
Western Europe
$226,111
2,368
$250,837
2,686
-9.86%
UK
$58,130
814
$115,680
994
-49.75%
Germany
$38,863
343
$25,586
384
51.89%
France
$15,216
246
$16,551
270
-8.06%
$171,447
2,587
$191,768
2,990
-10.60%
$24,329
387
$27,938
414
-12.92%
$1,143
43
$691
45
65.41%
$65,968
665
$72,221
1,070
-8.66%
$8,559
201
$7,990
167
7.13%
South East Asia
$32,823
507
$32,162
493
2.06%
India
$12,207
317
$22,615
372
-46.02%
Asia-Pacific ex-Japan Australia New Zealand China Hong Kong
Asia-Pacific ex-Japan
Japan
$29,623
783
$46,333
871
-36.06%
Global
$969,698
12,539
$1,023,490
13,753
-5.26%
17.74%
Americas 48.60%
EMEA 30.60%
Japan 3.06%
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions.
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Bloomberg M&A League Tables by Industry Global Announced Deals - Consumer, Non-cyclical
Global Announced Deals - Financial
01/01/13 - 06/30/13 RANK
FIRM
MKT SHARE
2013 VOLUME USD (Mln)
01/01/13 - 06/30/13 DEAL COUNT
RANK
FIRM
MKT SHARE
2013 VOLUME USD (Mln)
DEAL COUNT
JP Morgan
1
39.7
80,268
23
Goldman Sachs & Co
1
13.8
27,834
32
Bank of America Merrill Lynch
2
30.8
62,285
18
JP Morgan
2
13.1
26,394
18
Goldman Sachs & Co
3
25.1
50,712
24
Morgan Stanley
3
9.3
18,788
23
Lazard Ltd
4
24.2
48,926
14
Bank of America Merrill Lynch
4
7.8
15,801
19
Morgan Stanley
5
22.7
45,799
34
Credit Suisse Group AG
5
6.5
13,099
12
Moelis & Co
6
22.1
44,613
8
Barclays Capital Group
6
6.5
13,098
18
Centerview Partners LLC
7
15.8
32,006
4
Leonardo & Co
7
6.2
12,523
8
Deutsche Bank AG
8
15.5
31,329
11
BNP Paribas SA
8
5.5
11,132
7
Barclays Capital Group
9
15.4
31,047
20
Macquarie Group Ltd
9
5.0
10,111
11
10
13.6
27,403
3
Societe Generale SA
10
4.6
9,343
5
Wells Fargo & Co TOTAL
$202,127
2,576
RANK
FIRM
1,803
Global Announced Deals - Consumer, Cyclical
Global Announced Deals - Communications 01/01/13 - 06/30/13
$201,435
TOTAL
MKT SHARE
2013 VOLUME USD (Mln)
01/01/13 - 06/30/13 DEAL COUNT
RANK
FIRM
MKT SHARE
2013 VOLUME USD (Mln)
DEAL COUNT
Goldman Sachs & Co
1
55.7
60,746
16
Goldman Sachs & Co
1
10.5
11,160
20
JP Morgan
2
44.3
48,248
10
Lazard Ltd
2
7.7
8,183
8
Morgan Stanley
3
31.2
33,989
12
Barclays Capital Group
3
7.2
7,688
8
Credit Suisse Group AG
4
26.3
28,643
10
Rothschild
4
6.9
7,366
19
Bank of America Merrill Lynch
5
24.0
26,135
11
Bank of America Merrill Lynch
5
6.6
7,078
9
LionTree Advisors LLC
6
19.2
20,974
3
Morgan Stanley
6
6.6
7,065
17
UBS AG
7
17.0
18,499
5
Siam Commercial Bank PCL
7
6.0
6,418
2
CBRE Capital Advisors Inc
8
15.3
16,700
1
Credit Suisse Group AG
8
5.1
5,481
12
8
15.3
16,700
1
Deutsche Bank AG
9
4.4
4,679
9
10
13.1
14,329
2
HSBC Bank PLC
10
4.2
4,461
3
Centerview Partners LLC Perella Weinberg Partners LP TOTAL
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1,555
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1,701
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Bloomberg M&A Financial Advisory League Tables
Global Announced Deals Ranked by Volume 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
Goldman Sachs & Co
1
21.1
204,467
JP Morgan
2
20.0
Morgan Stanley
3
16.5
Bank of America Merrill Lynch
4
Barclays Capital Group
5
Credit Suisse Group AG Lazard Ltd Citigroup Inc Deutsche Bank AG
MKT MKT
SHARE
SHARE
CHANGE
RANK
130
1
24.3
(3.2)
194,049
89
3
20.2
(0.2)
159,476
125
2
23.5
(7.0)
15.0
145,332
76
8
13.2
1.8
11.1
107,190
76
5
19.2
(8.1)
6
10.9
105,296
75
6
16.1
(5.2)
7
9.5
91,820
87
11
7.8
1.7
8
9.1
88,675
84
7
15.2
(6.1)
9
8.9
86,638
67
4
19.6
(10.7)
UBS AG
10
6.2
60,172
73
13
6.0
0.2
Moelis & Co
11
5.4
52,616
33
24
2.0
3.4
Centerview Partners LLC
12
5.0
48,706
5
16
3.1
1.9
Evercore Partners Inc
13
4.1
39,458
49
17
3.1
1.0
Rothschild
14
3.9
38,196
86
10
9.2
(5.3)
LionTree Advisors LLC
15
3.9
38,027
6
142
0.1
3.8
Wells Fargo & Co
16
3.9
37,300
24
31
1.5
2.4
RBC Capital Markets
17
3.7
35,730
62
14
4.9
(1.2)
HSBC Bank PLC
18
3.5
33,655
29
15
4.1
(0.6)
Leonardo & Co
19
3.1
29,837
22
421
0.0
3.1
20
2.7
12
6.6
(3.9)
BNP Paribas SA TOTAL
26,239 $969,698
43 12,539
$1,023,490
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg M&A Financial Advisory League Tables
Cross Border Announced Deals Ranked by Volume 1/1/13 - 6/30/13
2013 RANK
FIRM
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
26.6
105,948
Goldman Sachs & Co
1
Morgan Stanley
2
21.9
JP Morgan
3
15.7
Citigroup Inc
4
12.2
Credit Suisse Group AG
5
12.2
Bank of America Merrill Lynch
6
9.9
Barclays Capital Group
7
9.7
UBS AG
8
9.3
Lazard Ltd
2012 RANK
MKT MKT
SHARE
SHARE
CHANGE
71
3
27.8
(1.2)
87,395
66
62,453
40
1
31.5
(9.6)
4
25.2
(9.5)
48,733
46
48,626
39
9
14.8
(2.6)
6
19.8
(7.6)
39,418
39
7
17.7
(7.8)
38,528
40
5
24.5
(14.8)
37,190
42
13
8.8
0.5
9
7.8
31,088
41
11
13.4
(5.6)
Deutsche Bank AG
10
6.8
26,934
39
2
30.9
(24.1)
Leonardo & Co
11
6.3
25,111
16
239
0.0
6.3
HSBC Bank PLC
12
6.2
24,634
22
14
7.6
(1.4)
Cooperatieve Centrale Raiffeisen-Boerenleenbank
13
5.4
21,587
6
50
0.8
4.6
BNP Paribas SA
14
5.0
19,831
34
12
12.4
(7.4)
Rothschild
15
4.9
19,611
53
10
14.0
(9.1)
LionTree Advisors LLC
16
4.8
19,100
2
-
-
4.8
Societe Generale SA
17
4.6
18,259
17
20
2.5
2.1
Perella Weinberg Partners LP
18
3.6
14,415
2
44
1.1
2.5
Bank of Nova Scotia
19
2.9
11,366
10
26
1.9
1.0
20
2.6
10,488
1
33
1.7
0.9
Allen & Co Inc TOTAL
$398,894
4,266
$498,811
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg M&A Financial Advisory League Tables
Global Private Equity Announced Deals Ranked by Volume 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
JP Morgan
1
33.9
61,697
21
3
20.5
13.4
Bank of America Merrill Lynch
2
31.9
57,917
14
8
10.3
21.6
Goldman Sachs & Co
3
28.1
51,155
30
1
26.9
1.2
Credit Suisse Group AG
4
23.7
43,117
22
7
11.3
12.4
Lazard Ltd
5
21.0
38,158
27
18
4.0
17.0
Barclays Capital Group
6
16.4
29,773
17
2
23.4
(7.0)
Wells Fargo & Co
7
16.2
29,389
7
29
1.1
15.1
Moelis & Co
8
16.0
29,115
6
20
3.0
13.0
Deutsche Bank AG
9
15.1
27,491
22
5
18.3
(3.2)
Centerview Partners LLC
10
15.1
27,403
1
12
5.4
9.7
RBC Capital Markets
11
14.3
25,983
11
9
9.3
5.0
Morgan Stanley
12
13.2
23,970
27
4
19.8
(6.6)
Citigroup Inc
13
12.2
22,265
21
6
11.7
0.5
Evercore Partners Inc
14
9.0
16,289
7
10
6.7
2.3
LionTree Advisors LLC
14
9.0
16,289
2
65
0.3
8.7
BNP Paribas SA
16
7.4
13,368
11
26
1.7
5.7
UBS AG
17
6.5
11,730
17
13
4.6
1.9
Societe Generale SA
18
5.9
10,679
5
32
0.9
5.0
Leonardo & Co
19
5.3
9,708
7
-
-
5.3
Nomura Holdings Inc
20
4.3
7,880
10
16
4.3
TOTAL
$181,852
2,605
-
$229,599
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg M&A Financial Advisory League Tables
United States Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
JP Morgan
1
28.7
142,151
53
3
17.8
Bank of America Merrill Lynch
2
25.4
125,654
54
8
11.4
14.0
Goldman Sachs & Co
3
24.8
123,058
76
1
25.1
(0.3)
Credit Suisse Group AG
4
16.0
79,468
45
7
14.4
1.6
Barclays Capital Group
5
15.2
75,431
47
5
16.3
(1.1)
Morgan Stanley
6
15.0
74,565
69
2
18.7
(3.7)
Deutsche Bank AG
7
13.3
66,021
45
4
17.4
(4.1)
Lazard Ltd
8
12.8
63,559
56
12
5.4
7.4
Moelis & Co
9
10.3
50,932
24
15
3.8
6.5
Centerview Partners LLC
10
9.8
48,706
5
9
7.1
2.7
Citigroup Inc
11
9.7
47,823
51
6
14.9
(5.2)
LionTree Advisors LLC
12
7.7
38,027
6
75
0.1
7.6
Wells Fargo & Co
13
7.5
37,300
24
17
3.3
4.2
Evercore Partners Inc
14
6.9
34,167
37
10
6.6
0.3
RBC Capital Markets
15
6.2
30,741
37
13
4.8
1.4
Greenhill & Co Inc
16
3.5
17,573
6
24
1.9
1.6
CBRE Capital Advisors Inc
17
3.4
16,728
4
-
-
3.4
UBS AG
18
3.2
16,074
36
11
6.3
(3.1)
BNP Paribas SA
19
3.2
15,676
16
28
1.3
1.9
Bank of Nova Scotia
20
2.1
10,408
8
91
0.1
2.0
TOTAL
$495,714
5,979
10.9
$452,376
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg M&A Financial Advisory League Tables
United States Announced Deals Target or Seller 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
JP Morgan
1
29.5
123,454
49
3
17.9
Bank of America Merrill Lynch
2
28.5
119,364
46
8
11.6
16.9
Goldman Sachs & Co
3
24.2
101,325
63
1
26.7
(2.5)
Barclays Capital Group
4
17.6
73,646
41
4
17.5
0.1
Morgan Stanley
5
16.2
67,645
59
2
19.3
(3.1)
Lazard Ltd
6
15.0
62,810
47
12
5.7
9.3
Deutsche Bank AG
7
14.9
62,546
37
6
16.9
(2.0)
Credit Suisse Group AG
8
12.2
51,202
38
7
16.0
(3.8)
Moelis & Co
9
12.1
50,570
22
15
4.2
7.9
Centerview Partners LLC
10
11.6
48,706
5
9
8.3
3.3
Citigroup Inc
11
10.8
45,029
42
5
16.9
(6.1)
Wells Fargo & Co
12
8.9
37,300
22
16
3.9
5.0
Evercore Partners Inc
13
8.1
33,932
33
10
7.2
0.9
RBC Capital Markets
14
7.3
30,741
35
13
5.1
2.2
LionTree Advisors LLC
15
4.7
19,692
5
62
0.2
4.5
Greenhill & Co Inc
16
4.2
17,573
6
23
2.3
1.9
CBRE Capital Advisors Inc
17
4.0
16,700
2
-
-
4.0
UBS AG
18
3.5
14,449
26
11
5.9
(2.4)
Jefferies Group LLC
19
2.2
9,128
23
38
0.7
1.5
Bank of Nova Scotia
20
2.1
8,655
6
75
0.1
2.0
TOTAL
$418,777
4,884
11.6
$383,478
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg M&A Financial Advisory League Tables
Canada Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
19.9
14,666
Morgan Stanley
1
Goldman Sachs & Co
2
17.2
Bank of Nova Scotia
3
16.3
CIBC
4
15.1
BMO Capital Markets Corp
5
10.6
TD Securities Inc
6
Canaccord Genuity Corp
7
Bank of America Merrill Lynch
8
8.1
RANK
MKT MKT
SHARE
SHARE
CHANGE
11
10
8.4
11.5
12,726
8
6
16.7
0.5
12,036
11
5
19.7
(3.4)
11,167
17
8
15.0
0.1
7,855
24
4
20.9
(10.3)
9.8
7,241
16
3
22.4
(12.6)
9.6
7,054
15
9
8.8
0.8
5,993
11
2
25.4
(17.3) (24.9)
RBC Capital Markets
9
7.4
5,437
28
1
32.3
Evercore Partners Inc
10
5.6
4,112
2
25
1.6
4.0
Barclays Capital Group
11
5.5
4,043
6
12
8.1
(2.6)
Deutsche Bank AG
12
4.9
3,634
4
14
5.6
(0.7)
GMP Securities LP
13
3.6
2,665
9
18
4.3
(0.7)
Citigroup Inc
14
3.4
2,515
5
43
0.3
3.1
Rothschild
15
3.3
2,402
6
11
8.2
(4.9)
KPMG Corporate Finance LLC
16
2.9
2,168
3
70
0.0
2.9
JP Morgan
17
2.3
1,695
6
17
4.5
(2.2)
Houlihan Lokey
18
2.1
1,543
4
53
0.1
2.0
Macquarie Group Ltd
19
2.1
1,533
7
13
7.2
(5.1)
20
2.0
1,479
3
20
3.7
(1.7)
HSBC Bank PLC TOTAL
$73,854
1,100
$96,956
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg M&A Financial Advisory League Tables
Canada Announced Deals Target or Seller 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
CIBC
1
25.2
11,167
17
6
16.3
8.9
Canaccord Genuity Corp
2
15.8
7,000
13
7
12.8
3.0
TD Securities Inc
3
14.9
6,616
13
2
27.8
(12.9)
BMO Capital Markets Corp
4
13.5
5,990
21
3
26.7
(13.2)
Morgan Stanley
5
11.8
5,226
4
10
5.8
6.0
Bank of Nova Scotia
6
11.5
5,081
7
4
23.4
(11.9)
RBC Capital Markets
7
11.0
4,874
24
1
34.0
(23.0)
Evercore Partners Inc
8
9.3
4,112
2
16
2.2
7.1
GMP Securities LP
9
6.0
2,665
9
9
6.1
(0.1)
Goldman Sachs & Co
10
5.4
2,385
3
13
3.2
2.2
Barclays Capital Group
11
4.1
1,819
4
12
5.1
(1.0)
Houlihan Lokey
12
3.5
1,543
4
-
-
3.5
Citigroup Inc
13
3.0
1,350
2
32
0.5
2.5
Rothschild
14
2.7
1,200
3
26
0.5
2.2
HSBC Bank PLC
15
2.2
979
2
45
0.1
2.1
Bank of America Merrill Lynch
16
2.0
881
4
5
23.0
(21.0)
Jefferies Group LLC
17
1.4
618
5
40
0.2
1.2
National Bank of Canada Financial Inc
18
1.0
423
5
8
12.2
(11.2)
JP Morgan
19
0.9
390
3
21
1.0
(0.1)
Macquarie Group Ltd
20
0.9
383
5
15
2.5
(1.6)
TOTAL
$44,349
804
$66,545
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg M&A Financial Advisory League Tables
Latin America Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
Goldman Sachs & Co
1
25.8
11,044
9
Credit Suisse Group AG
2
15.1
6,456
Banco BTG Pactual SA
3
14.4
6,167
Banco Itau BBA SA
4
10.2
Bank of America Merrill Lynch
5
Morgan Stanley
6
Banco Bilbao Vizcaya Argentaria SA
RANK
MKT MKT
SHARE
SHARE
CHANGE
10
20.5
5.3
12
6
28.1
(13.0)
9
12
17.3
(2.9)
4,375
21
7
25.0
(14.8)
8.5
3,651
4
3
33.4
(24.9)
8.3
3,563
5
8
23.8
(15.5)
7
6.4
2,758
5
24
1.1
5.3
UBS AG
8
5.5
2,372
4
46
0.2
5.3
HSBC Bank PLC
9
5.5
2,350
2
16
8.5
(3.0)
Banco Bradesco BBI SA
10
4.6
1,963
9
13
15.0
(10.4)
Bank of Nova Scotia
11
4.4
1,900
1
49
0.1
4.3
Citigroup Inc
12
4.3
1,821
4
11
18.9
(14.6)
Barclays Capital Group
13
3.0
1,267
4
5
28.1
(25.1)
Rothschild
14
2.2
953
8
9
21.4
(19.2)
Deloitte Touche Tohmatsu ILA Group Ltd
15
1.7
727
1
59
0.0
1.7
Banco Santander SA
16
1.7
706
5
14
10.6
(8.9)
JP Morgan
17
1.6
668
3
1
37.7
(36.1)
BNP Paribas SA
18
0.9
400
2
20
3.9
(3.0)
Deutsche Bank AG
18
0.9
400
1
2
35.8
(34.9)
Lazard Ltd
20
0.9
369
3
4
31.9
(31.0)
TOTAL
$42,859
433
$80,649
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg M&A Financial Advisory League Tables
Brazil Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
Banco BTG Pactual SA
1
25.5
6,167
Credit Suisse Group AG
2
23.3
Banco Itau BBA SA
3
18.0
Morgan Stanley
4
Banco Bradesco BBI SA Bank of Nova Scotia
RANK
MKT MKT
SHARE
SHARE
CHANGE
9
5
32.6
(7.1)
5,629
9
2
46.4
(23.1)
4,341
20
1
49.9
(31.9)
14.7
3,563
4
19
3.8
10.9
5
8.1
1,963
9
6
31.3
(23.2)
6
7.9
1,900
1
40
0.0
7.9
Citigroup Inc
7
5.7
1,378
1
4
37.8
(32.1)
Goldman Sachs & Co
8
4.2
1,025
3
7
26.9
(22.7)
Bank of America Merrill Lynch
9
4.0
963
2
8
24.0
(20.0)
Rothschild
10
3.9
953
8
3
39.5
(35.6)
Banco Santander SA
11
2.7
655
4
13
16.6
(13.9)
Barclays Capital Group
12
1.7
409
3
17
14.1
(12.4)
Lazard Ltd
13
1.5
369
3
12
17.9
(16.4)
JP Morgan
14
1.5
367
2
9
20.5
(19.0)
Estater Gestao e Financas SA
15
1.2
300
1
-
-
1.2
Dalty Assessoria Financeira Ltda
16
1.1
267
1
-
-
1.1
UBS AG
17
1.1
262
2
33
0.3
0.8
BR Partners
18
0.8
200
3
10
19.1
(18.3)
Blair Franklin Capital Partners Inc
19
0.5
116
1
-
-
0.5
BMO Capital Markets Corp
19
0.5
116
1
-
-
0.5
TOTAL
$24,172
253
$38,571
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg M&A Financial Advisory League Tables
Europe Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
Goldman Sachs & Co
1
25.9
93,052
52
4
30.2
(4.3)
Morgan Stanley
2
18.8
67,504
45
2
32.5
(13.7)
JP Morgan
3
17.2
61,719
34
5
25.7
(8.5)
Credit Suisse Group AG
4
12.7
45,565
28
8
17.3
(4.6)
Citigroup Inc
5
12.1
43,611
35
10
15.4
(3.3)
Lazard Ltd
6
10.0
35,784
40
9
15.8
(5.8)
Barclays Capital Group
7
9.5
34,084
34
3
31.2
(21.7)
UBS AG
8
9.3
33,240
34
14
6.7
2.6
Rothschild
9
8.7
31,242
67
6
18.4
(9.7)
Leonardo & Co
10
8.3
29,837
22
194
0.0
8.3
Deutsche Bank AG
11
7.9
28,489
31
1
35.0
(27.1)
Bank of America Merrill Lynch
12
7.3
26,156
21
7
17.4
(10.1)
BNP Paribas SA
13
7.1
25,503
40
12
15.1
(8.0)
Cooperatieve Centrale Raiffeisen-Boerenleenbank
14
6.4
22,939
8
46
0.9
5.5
HSBC Bank PLC
15
6.1
21,907
18
13
6.8
(0.7)
LionTree Advisors LLC
16
5.3
19,100
2
78
0.1
5.2
Societe Generale SA
17
5.2
18,673
24
18
3.7
1.5
Perella Weinberg Partners LP
18
4.3
15,263
3
37
1.2
3.1
VTB Capital ZAO
19
3.0
10,735
8
56
0.5
2.5
Allen & Co Inc
20
2.9
10,488
1
194
0.0
2.9
TOTAL
$359,507
3,869
$420,647
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
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MA <GO>
LEAG <GO> 19
Bloomberg M&A Financial Advisory League Tables
Europe Announced Deals Target or Seller 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
Goldman Sachs & Co
1
28.0
87,599
42
1
36.9
(8.9)
Morgan Stanley
2
19.5
60,990
38
4
29.3
(9.8)
JP Morgan
3
19.1
59,580
29
5
25.5
(6.4)
Credit Suisse Group AG
4
13.8
43,095
23
9
19.1
(5.3)
Lazard Ltd
5
9.6
30,014
36
11
12.6
(3.0)
Rothschild
6
9.6
29,862
63
6
19.3
(9.7)
Leonardo & Co
7
9.4
29,353
21
169
0.0
9.4
Citigroup Inc
8
8.8
27,376
31
8
19.2
(10.4)
UBS AG
9
8.7
27,041
31
13
7.3
1.4
Deutsche Bank AG
10
8.4
26,177
28
3
32.0
(23.6)
BNP Paribas SA
11
8.2
25,488
38
10
19.1
(10.9)
Bank of America Merrill Lynch
12
7.7
24,199
18
12
12.4
(4.7)
Barclays Capital Group
13
7.5
23,435
30
2
33.5
(26.0)
LionTree Advisors LLC
14
6.1
19,100
2
-
-
6.1
Societe Generale SA
15
6.0
18,673
24
21
3.4
2.6
HSBC Bank PLC
16
4.7
14,616
14
14
7.3
(2.6)
Perella Weinberg Partners LP
17
4.6
14,329
2
34
1.6
3.0
Cooperatieve Centrale Raiffeisen-Boerenleenbank
18
4.0
12,451
7
42
1.1
2.9
VTB Capital ZAO
19
3.4
10,735
8
54
0.7
2.7
BDT & Co LLC
20
3.2
10,075
1
101
0.1
3.1
TOTAL
$312,660
3,162
$333,114
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 20
Bloomberg M&A Financial Advisory League Tables
United Kingdom Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
Goldman Sachs & Co
1
38.0
44,514
20
2
42.4
(4.4)
JP Morgan
2
27.9
32,644
16
5
31.4
(3.5)
Credit Suisse Group AG
3
23.8
27,878
10
8
26.2
(2.4)
UBS AG
4
19.4
22,701
12
13
8.1
11.3
Morgan Stanley
5
18.3
21,388
18
3
39.3
(21.0)
LionTree Advisors LLC
6
15.7
18,336
1
48
0.3
15.4
Perella Weinberg Partners LP
7
12.3
14,415
2
44
0.5
11.8
Deutsche Bank AG
8
7.3
8,496
8
4
36.1
(28.8)
Lazard Ltd
9
6.0
7,047
10
11
13.7
(7.7)
HSBC Bank PLC
10
5.6
6,611
9
16
6.1
(0.5)
VTB Capital ZAO
11
5.0
5,844
3
45
0.4
4.6
Nomura Holdings Inc
12
4.8
5,642
7
7
29.0
(24.2)
Rothschild
13
4.6
5,360
28
10
17.6
(13.0)
Jefferies Group LLC
14
4.5
5,250
6
71
0.1
4.4
Societe Generale SA
15
4.0
4,731
5
43
0.5
3.5
Renaissance Capital Group Inc
16
3.1
3,616
2
72
0.1
3.0
Bank of America Merrill Lynch
17
3.0
3,489
6
12
8.9
(5.9)
Barclays Capital Group
18
2.8
3,285
9
1
45.4
(42.6)
ING Groep NV
19
2.2
2,596
4
117
0.0
2.2
PricewaterhouseCoopers LLP
20
2.1
2,488
30
60
0.2
1.9
TOTAL
$117,178
1,355
$190,837
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 21
Bloomberg M&A Financial Advisory League Tables
Germany Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
35.6
19,593
Goldman Sachs & Co
1
UBS AG
2
32.7
Morgan Stanley
3
30.9
Perella Weinberg Partners LP
4
24.5
Deutsche Bank AG
5
16.4
Citigroup Inc
6
14.9
JP Morgan
7
14.4
Credit Suisse Group AG
8
11.3
6,241
Nomura Holdings Inc
9
8.0
Jefferies Group LLC
9
8.0
Rothschild
11
6.8
Bank of America Merrill Lynch
12
Lazard Ltd
13
Barclays Capital Group KPMG Corporate Finance LLC
RANK
MKT MKT
SHARE
SHARE
CHANGE
5
3
17,981
4
17,010
5
13,481
1
12
8.4
16.1
9,047
7
1
34.7
(18.3)
8,176
6
11
8.5
6.4
7,919
7
4
22.4
(8.0)
6
10
9.0
2.3
4,423
3
19
1.6
6.4
4,423
1
-
-
3,714
7
5
19.6
(12.8)
5.7
3,136
5
7
12.1
(6.4)
5.7
3,132
6
8
11.7
(6.0)
14
4.9
2,709
3
16
3.9
1.0
15
4.7
2,576
13
31
0.9
3.8
HSBC Bank PLC
16
2.7
1,505
3
14
5.4
(2.7)
BNP Paribas SA
17
2.0
1,120
5
17
3.5
(1.5)
Banco Itau BBA SA
18
1.3
737
2
23
1.1
0.2
Banco Bradesco BBI SA
19
1.3
703
1
23
1.1
0.2
19
1.3
703
1
18
1.9
(0.6)
Banco BTG Pactual SA TOTAL
$55,054
587
22.8
12.8
15
4.4
28.3
2
29.2
1.7
8.0
$42,027
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 22
Bloomberg M&A Financial Advisory League Tables
France Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
Morgan Stanley
1
28.3
9,805
8
2
Citigroup Inc
2
16.9
5,861
3
16
4.0
12.9
JP Morgan
3
14.9
5,161
3
9
16.9
(2.0)
Barclays Capital Group
4
14.8
5,124
6
7
19.1
(4.3)
BNP Paribas SA
5
13.3
4,617
22
3
28.0
(14.7)
Deutsche Bank AG
6
12.8
4,439
5
12
11.9
0.9
Credit Agricole Corporate & Investment Bank SA
7
11.7
4,045
8
14
4.7
7.0
Goldman Sachs & Co
8
11.1
3,838
7
11
16.4
(5.3)
HSBC Bank PLC
9
10.6
3,660
3
5
19.8
(9.2)
Natixis
10
10.3
3,576
3
26
0.5
9.8
Lazard Ltd
11
10.3
3,558
8
1
43.1
(32.8)
Societe Generale SA
12
8.7
3,032
14
8
17.4
(8.7)
Rothschild
13
7.2
2,502
18
4
25.1
(17.9)
Bank of America Merrill Lynch
14
7.1
2,458
2
15
4.1
3.0
UBS AG
15
3.6
1,250
4
50
0.0
3.6
Macquarie Group Ltd
16
2.2
764
2
17
3.2
(1.0)
LionTree Advisors LLC
16
2.2
764
1
-
-
Nomura Holdings Inc
16
2.2
764
1
6
19.8
Citigroup Global Markets Inc
19
2.2
757
1
-
-
2.2
Mediobanca SpA
19
2.2
757
1
49
0.0
2.2
TOTAL
$34,689
482
29.5
(1.2)
2.2 (17.6)
$60,821
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 23
Bloomberg M&A Financial Advisory League Tables
Italy Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
Goldman Sachs & Co
1
32.5
9,895
Deutsche Bank AG
2
31.2
Intesa Sanpaolo SpA
3
29.3
Barclays Capital Group
4
Lazard Ltd Leonardo & Co
RANK
MKT MKT
SHARE
SHARE
CHANGE
4
1
38.2
(5.7)
9,498
5
12
5.8
25.4
8,921
14
15
2.7
26.6
26.9
8,193
4
21
1.4
25.5
5
24.7
7,512
9
5
16.0
8.7
6
22.6
6,874
4
-
-
22.6
Rothschild
7
22.5
6,841
8
2
36.2
BNP Paribas SA
8
22.1
6,719
10
20
1.9
20.2
Morgan Stanley
9
18.9
5,764
2
3
35.0
(16.1)
Credit Suisse Group AG
10
18.4
5,610
3
10
6.6
11.8
JP Morgan
11
15.6
4,751
3
8
7.5
8.1
Mediobanca SpA
12
15.5
4,716
2
4
26.5
(11.0)
HSBC Bank PLC
13
15.1
4,611
3
13
4.6
10.5
UniCredit SpA
14
15.1
4,597
6
-
-
15.1
Royal Bank of Scotland PLC
15
13.0
3,959
1
-
-
13.0
Nomura Holdings Inc
16
7.9
2,390
3
14
3.6
4.3
Natixis
17
6.9
2,109
1
-
-
6.9
UniCredit SpA
18
2.5
771
2
-
-
2.5
Citigroup Global Markets Inc
19
2.5
757
1
-
-
2.5
UBS AG
20
1.3
399
2
28
0.3
1.0
TOTAL
$30,459
169
(13.7)
$18,243
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 24
Bloomberg M&A Financial Advisory League Tables
Benelux Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
Goldman Sachs & Co
1
36.0
32,291
Citigroup Inc
2
31.2
Morgan Stanley
3
29.6
Leonardo & Co
4
JP Morgan Cooperatieve Centrale Raiffeisen-Boerenleenbank
RANK
MKT MKT
SHARE
SHARE
CHANGE
9
4
28,004
7
19
3.4
27.8
26,532
10
6
35.5
(5.9)
27.3
24,502
8
-
-
27.3
5
24.6
22,063
6
3
49.8
6
24.4
21,916
6
35
0.3
24.1
Bank of America Merrill Lynch
7
17.3
15,506
6
5
36.4
(19.1)
Barclays Capital Group
8
16.6
14,919
8
2
50.6
(34.0)
Lazard Ltd
9
16.2
14,534
7
7
30.2
(14.0)
BNP Paribas SA
10
14.9
13,334
12
27
1.1
13.8
Rothschild
11
13.1
11,732
10
16
6.0
7.1
Credit Suisse Group AG
12
12.2
10,922
5
23
2.0
10.2
HSBC Bank PLC
13
12.0
10,788
5
50
0.0
12.0
Allen & Co Inc
14
11.7
10,488
1
-
-
11.7
BDT & Co LLC
15
11.2
10,075
1
-
-
11.2
Societe Generale SA
16
9.7
8,723
2
34
0.4
9.3
UBS AG
17
8.0
7,222
4
33
0.4
7.6
Deutsche Bank AG
18
5.8
5,223
6
1
53.3
(47.5)
Siam Commercial Bank PCL
19
4.6
4,083
1
-
-
Nordea Bank AB
20
3.5
3,128
1
14
7.5
TOTAL
$89,784
397
38.3
(2.3)
(25.2)
4.6 (4.0)
$64,245
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 25
Bloomberg M&A Financial Advisory League Tables
Iberia Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
Goldman Sachs & Co
1
28.6
5,815
6
6
25.7
2.9
Banco Santander SA
2
12.7
2,574
10
7
24.9
(12.2)
Barclays Capital Group
3
9.6
1,951
5
1
51.3
(41.7)
Citigroup Inc
4
8.2
1,666
5
5
26.5
(18.3)
Banco Bilbao Vizcaya Argentaria SA
5
8.1
1,641
9
26
2.4
5.7
BNP Paribas SA
6
5.6
1,134
2
27
1.8
3.8
JP Morgan
7
5.5
1,124
3
21
7.0
(1.5)
Bank of America Merrill Lynch
8
5.0
1,021
1
8
24.3
(19.3)
Banco Espirito Santo de Investimento SA
9
4.7
950
3
3
44.1
(39.4)
Caixa Banco de Investimento SA
10
4.2
848
1
2
44.4
(40.2)
Perella Weinberg Partners LP
10
4.2
848
1
25
2.8
1.4
Morgan Stanley
12
3.8
769
3
20
8.7
(4.9)
UBS AG
13
3.4
692
4
19
9.4
(6.0)
Rothschild
14
2.4
491
4
4
32.1
(29.7)
Nomura Holdings Inc
15
2.3
457
3
22
5.0
(2.7)
CITIC Securities Co Ltd
16
2.0
412
1
-
-
2.0
Intesa Sanpaolo SpA
17
1.5
307
2
-
-
1.5
Credit Agricole Corporate & Investment Bank SA
18
1.3
263
1
-
-
Societe Generale SA
19
1.0
199
1
18
11.0
(10.0)
DC Advisory Partners Ltd
20
0.9
180
2
30
0.1
0.8
TOTAL
$20,317
187
1.3
$28,051
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 26
Bloomberg M&A Financial Advisory League Tables
Nordic Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
Goldman Sachs & Co
1
UBS AG
2
17.8
Nordea Bank AB
3
15.8
Nomura Holdings Inc
4
15.4
Jefferies Group LLC
5
14.3
JP Morgan
6
14.0
Credit Suisse Group AG
7
13.5
Morgan Stanley
8
11.9
3,871
VTB Capital ZAO
29.3
9,568
RANK
MKT MKT
SHARE
SHARE
CHANGE
5
2
30.3
(1.0)
5,814
5
5,155
9
4
23.7
(5.9)
7
19.9
(4.1)
5,022 4,667
2
25
3.8
11.6
3
53
0.0
14.3
4,563
3
13
9.9
4.1
4,423
1
9
16.4
(2.9)
2
6
20.9
(9.0)
9
10.9
3,550
1
-
-
10.9
Svenska Handelsbanken AB
10
9.7
3,153
5
29
2.9
6.8
Skandinaviska Enskilda Banken AB
11
9.6
3,147
12
24
5.2
4.4
PricewaterhouseCoopers LLP
12
8.9
2,910
18
45
0.1
8.8
Barclays Capital Group
13
6.6
2,147
3
10
13.0
(6.4)
Rothschild
14
5.3
1,739
8
5
23.6
(18.3)
Bank of America Merrill Lynch
15
4.4
1,434
3
3
25.1
(20.7)
DNB ASA
16
4.3
1,419
4
27
3.6
0.7
Erneholm & Haskel
17
3.7
1,212
1
30
2.8
0.9
Carnegie Fondkommission AB
18
3.5
1,157
4
33
1.1
2.4
Cooperatieve Centrale Raiffeisen-Boerenleenbank
19
3.1
1,023
2
20
7.7
(4.6)
Citigroup Inc
20
3.1
999
4
15
8.3
(5.2)
TOTAL
$32,671
526
$45,649
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 27
Bloomberg M&A Financial Advisory League Tables
Africa/Middle East Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
Morgan Stanley
1
36.3
17,183
8
18
3.3
33.0
Barclays Capital Group
2
24.9
11,797
6
4
10.7
14.2
Citigroup Inc
3
24.7
11,685
9
8
8.5
16.2
Allen & Co Inc
4
22.2
10,488
1
-
-
22.2
Cooperatieve Centrale Raiffeisen-Boerenleenbank
4
22.2
10,488
1
50
0.0
22.2
Lazard Ltd
6
11.0
5,220
4
7
8.7
2.3
Credit Suisse Group AG
7
10.4
4,920
6
10
7.8
2.6
Goldman Sachs & Co
8
8.2
3,878
4
1
21.0
(12.8)
Bank of America Merrill Lynch
9
7.1
3,373
4
11
7.5
(0.4)
UBS AG
10
6.0
2,820
3
15
5.7
0.3
Ernst & Young
11
5.4
2,542
2
26
0.7
4.7
HSBC Bank PLC
12
5.2
2,465
4
2
14.2
(9.0)
National Bank of Abu Dhabi PJSC
13
3.7
1,772
1
-
-
Deutsche Bank AG
14
2.0
955
2
9
8.3
(6.3)
Societe Generale SA
15
2.0
938
2
12
7.0
(5.0)
Moelis & Co
16
1.4
682
1
29
0.6
0.8
HSB Partners
17
1.4
658
1
-
-
1.4
PricewaterhouseCoopers LLP
18
1.2
588
5
50
0.0
1.2
QInvest LLC
19
0.8
400
1
-
-
Rothschild
20
0.6
296
2
17
4.1
TOTAL
$47,338
442
3.7
0.8 (3.5)
$44,395
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
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MA <GO>
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Bloomberg M&A Financial Advisory League Tables
Eastern Europe Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
Morgan Stanley
1
17.9
8,802
VTB Capital ZAO
2
17.3
Societe Generale SA
3
15.2
JP Morgan
4
Citigroup Inc Deutsche Bank AG
RANK
MKT MKT
SHARE
SHARE
CHANGE
5
7
13.2
4.7
8,507
7
14
4.2
13.1
7,435
13
13
5.9
9.3
14.4
7,083
3
6
15.3
(0.9)
5
11.1
5,452
6
12
5.9
5.2
6
8.9
4,341
4
3
16.8
(7.9)
Barclays Capital Group
7
7.9
3,851
3
8
12.8
(4.9)
Renaissance Capital Group Inc
8
7.4
3,616
2
16
1.9
5.5
Goldman Sachs & Co
9
7.1
3,471
6
2
29.0
(21.9)
KPMG Corporate Finance LLC
10
5.3
2,602
10
19
1.0
4.3
Sberbank CIB CJSC
11
5.1
2,477
5
1
37.3
(32.2)
ING Groep NV
12
3.8
1,865
3
-
-
3.8
BNP Paribas SA
13
3.0
1,446
4
23
0.2
2.8
Canaccord Genuity Corp
14
2.8
1,376
2
-
-
2.8
BMO Capital Markets Corp
15
2.8
1,352
1
-
-
2.8
GMP Securities LP
15
2.8
1,352
1
-
-
Bank of America Merrill Lynch
17
2.7
1,323
2
4
16.0
Lazard Ltd
18
2.4
1,174
3
33
0.0
2.4
Credit Suisse Group AG
19
2.3
1,116
1
5
15.7
(13.4)
Nordea Bank AB
20
1.8
866
1
-
-
TOTAL
$49,068
651
2.8 (13.3)
1.8
$41,483
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 29
Bloomberg M&A Financial Advisory League Tables
Asia Pacific Ex-Japan Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
Morgan Stanley
1
15.5
35,299
27
UBS AG
2
12.0
27,387
HSBC Bank PLC
3
11.9
27,158
Goldman Sachs & Co
4
9.6
JP Morgan
5
Macquarie Group Ltd
6
Barclays Capital Group
RANK
MKT MKT
SHARE
SHARE
CHANGE
1
18.4
(2.9)
23
8
10.5
1.5
18
12
6.0
5.9
21,776
34
2
18.4
(8.8)
8.2
18,641
18
4
14.4
(6.2)
6.1
13,816
20
16
3.8
2.3
7
6.0
13,538
11
7
10.6
(4.6)
Credit Suisse Group AG
8
5.3
12,148
13
3
17.2
(11.9)
Citigroup Inc
9
5.0
11,430
14
5
13.8
(8.8)
Bank of America Merrill Lynch
10
4.2
9,656
13
9
10.2
(6.0)
Lazard Ltd
11
4.2
9,648
11
44
0.6
3.6
BDO Capital & Investment Corp
12
3.9
8,963
4
-
-
3.9
CITIC Securities Co Ltd
13
3.6
8,279
9
18
3.3
0.3
Anglo Chinese Corporate Finance
14
3.1
7,065
1
103
0.1
3.0
Nomura Holdings Inc
15
3.0
6,809
7
34
0.9
2.1
Siam Commercial Bank PCL
16
2.8
6,418
2
100
0.1
2.7
China International Capital Corp Ltd
17
2.7
6,061
6
14
4.5
(1.8)
Somerley Ltd
18
2.6
5,816
20
28
1.8
0.8
Jefferies Group LLC
19
2.4
5,443
2
-
-
Rothschild
20
2.2
4,921
19
15
4.3
TOTAL
$227,625
3,106
2.4 (2.1)
$250,574
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 30
Bloomberg M&A Financial Advisory League Tables
Asia Pacific Ex-Japan Announced Deals Target or Seller 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
UBS AG
1
13.7
25,121
15
7
HSBC Bank PLC
2
11.7
21,393
14
12
6.2
5.5
Morgan Stanley
3
11.5
21,122
18
1
21.0
(9.5)
Goldman Sachs & Co
4
10.4
19,081
27
2
19.3
(8.9)
JP Morgan
5
9.3
17,049
14
5
11.7
(2.4)
Macquarie Group Ltd
6
7.5
13,645
18
21
2.3
5.2
Credit Suisse Group AG
7
5.3
9,770
9
3
16.3
(11.0)
Citigroup Inc
8
5.2
9,553
12
4
11.8
(6.6)
BDO Capital & Investment Corp
9
4.9
8,963
4
-
-
4.9
CITIC Securities Co Ltd
10
4.5
8,279
9
16
3.7
0.8
Anglo Chinese Corporate Finance
11
3.9
7,065
1
85
0.1
3.8
Nomura Holdings Inc
12
3.6
6,502
6
28
1.1
2.5
Lazard Ltd
13
3.5
6,469
8
43
0.5
3.0
Siam Commercial Bank PCL
14
3.5
6,418
2
83
0.1
3.4
China International Capital Corp Ltd
15
3.3
6,061
6
13
5.5
(2.2)
Somerley Ltd
16
3.1
5,690
19
22
2.2
0.9
Jefferies Group LLC
17
2.4
4,423
1
-
-
2.4
Bank of America Merrill Lynch
18
1.9
3,553
7
9
9.0
(7.1)
Barclays Capital Group
19
1.8
3,271
7
10
8.7
(6.9)
Ernst & Young
20
1.8
3,219
26
33
0.9
0.9
TOTAL
$183,067
2,668
11.0
2.7
$204,721
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 31
Bloomberg M&A Financial Advisory League Tables
Australia & New Zealand Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
Lazard Ltd
1
19.5
6,062
Morgan Stanley
2
16.7
Macquarie Group Ltd
3
13.1
Goldman Sachs & Co
4
Citigroup Inc CIMB
RANK
MKT MKT
SHARE
SHARE
CHANGE
5
13
1.8
5,206
4
4
12.9
3.8
4,082
12
1
20.3
(7.2)
6.6
2,058
12
2
18.1
(11.5)
5
6.1
1,884
5
9
6.1
-
6
5.1
1,597
4
33
0.6
4.5
Deutsche Bank AG
7
2.7
824
3
8
7.7
(5.0)
Nomura Holdings Inc
8
2.6
818
1
-
-
Credit Suisse Group AG
9
2.6
803
1
7
8.3
Flagstaff Partners Pty Ltd
10
2.2
673
2
-
-
Bank of Nova Scotia
11
2.1
650
1
-
-
RBC Capital Markets
12
1.6
503
3
3
16.2
(14.6)
Gresham Partners Ltd
13
1.6
487
5
29
0.8
0.8
PricewaterhouseCoopers LLP
14
1.5
466
8
63
0.0
1.5
Australia & New Zealand Banking Group Ltd
15
1.5
466
1
-
-
1.5
HSBC Bank PLC
16
1.4
450
1
22
1.3
0.1
Barclays Capital Group
17
1.4
448
2
23
1.2
0.2
Ernst & Young
18
1.3
406
3
58
0.0
1.3
Standard Chartered Bank
19
0.7
216
1
43
0.1
0.6
Rothschild
20
0.7
215
4
5
9.1
(8.4)
TOTAL
$31,149
577
17.7
2.6 (5.7) 2.2 2.1
$45,115
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 32
Bloomberg M&A Financial Advisory League Tables
Japan Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
Nomura Holdings Inc
1
23.5
10,898
50
1
43.3
Morgan Stanley
2
22.0
10,216
25
2
30.3
(8.3)
Mizuho Financial Group Inc
3
16.8
7,772
69
3
27.9
(11.1)
GCA Savvian Corp
4
9.7
4,499
16
21
2.1
7.6
Sumitomo Mitsui Financial Group Inc
5
9.3
4,307
39
5
21.2
(11.9)
JP Morgan
6
8.4
3,883
4
4
26.5
(18.1)
Goldman Sachs & Co
7
8.3
3,865
7
7
4.7
3.6
Daiwa Securities Group Inc
8
7.6
3,538
22
10
4.0
3.6
Houlihan Lokey
9
5.6
2,593
3
56
0.0
5.6
Barclays Capital Group
9
5.6
2,593
1
8
4.5
1.1
Leonardo & Co
9
5.6
2,593
1
63
0.0
5.6
Citigroup Inc
12
2.8
1,315
3
9
4.3
(1.5)
Credit Suisse Group AG
13
2.7
1,246
3
12
2.7
Brutus Consulting KK
14
2.6
1,223
1
-
-
2.6
Lazard Ltd
15
2.4
1,101
3
22
1.9
0.5
Wells Fargo & Co
16
2.4
1,100
1
-
-
2.4
Benedi Consulting Co Ltd
17
2.3
1,050
1
-
-
2.3
Deloitte Touche Tohmatsu ILA Group Ltd
18
2.2
1,040
14
15
2.5
Yamada FAS Co Ltd
19
1.7
803
4
-
-
KPMG Corporate Finance LLC
20
1.7
776
18
20
2.1
TOTAL
$46,347
1,152
(19.8)
-
(0.3) 1.7 (0.4)
$81,602
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 33
Bloomberg M&A Financial Advisory League Tables
China Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
Morgan Stanley
1
17.8
16,544
8
12
UBS AG
2
12.4
11,489
14
HSBC Bank PLC
3
12.0
11,154
7
Goldman Sachs & Co
4
10.5
9,738
Barclays Capital Group
5
10.0
CITIC Securities Co Ltd
6
8.9
Anglo Chinese Corporate Finance
7
China International Capital Corp Ltd Somerley Ltd
MKT MKT
SHARE
SHARE
CHANGE
4.7
13.1
6
9.9
2.5
5
11.8
0.2
10
2
13.5
(3.0)
9,260
6
26
1.1
8.9
8,279
9
7
9.4
(0.5)
7.6
7,065
1
-
-
8
6.5
6,061
6
3
12.8
(6.3)
9
5.9
5,452
12
10
5.2
0.7
JP Morgan
10
2.4
2,188
4
9
6.1
(3.7)
Platinum Securities Co Ltd
11
1.9
1,737
2
66
0.1
1.8
Guotai Junan Securities Co Ltd
12
1.8
1,707
2
23
1.3
0.5
Credit Suisse Group AG
13
1.7
1,600
4
1
15.7
(14.0)
Citigroup Inc
14
1.7
1,562
3
14
4.2
(2.5)
Bank of Nova Scotia
15
1.6
1,520
1
-
-
Nomura Holdings Inc
16
1.6
1,478
3
21
1.6
-
Bank of China Ltd
17
1.3
1,220
1
11
4.9
(3.6)
Standard Chartered Bank
18
1.3
1,184
1
15
4.0
(2.7)
Minsheng Securities Co Ltd
19
1.1
1,058
5
-
-
1.1
Jefferies Group LLC
20
1.1
1,020
1
-
-
1.1
TOTAL
$92,882
838
7.6
1.6
$87,228
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 34
Bloomberg M&A Financial Advisory League Tables
Hong Kong Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
HSBC Bank PLC
1
15.7
3,629
5
9
Somerley Ltd
2
10.0
2,319
14
35
0.2
9.8
Rothschild
3
6.9
1,604
5
6
10.5
(3.6)
UBS AG
4
5.6
1,295
2
7
9.5
(3.9)
Credit Suisse Group AG
5
5.4
1,258
1
-
-
Deutsche Bank AG
6
4.8
1,120
4
17
1.3
3.5
Goldman Sachs & Co
7
4.7
1,078
3
3
13.5
(8.8)
Carnegie Fondkommission AB
8
4.4
1,023
1
-
-
4.4
Cooperatieve Centrale Raiffeisen-Boerenleenbank
8
4.4
1,023
1
-
-
4.4
DNB ASA
8
4.4
1,023
1
-
-
4.4
Skandinaviska Enskilda Banken AB
8
4.4
1,023
1
-
-
Bank of America Merrill Lynch
12
4.4
1,021
1
10
5.3
BNP Paribas SA
12
4.4
1,021
1
19
1.0
3.4
JP Morgan
12
4.4
1,021
1
2
23.2
(18.8)
Macquarie Group Ltd
15
3.7
845
3
16
1.4
2.3
Morgan Stanley
16
3.6
841
3
1
26.1
(22.5)
Optima Capital Ltd
17
2.6
612
3
-
-
2.6
Kingsway Group Ltd
18
2.6
601
1
-
-
2.6
Oriental Patron Securities Ltd
18
2.6
601
1
-
-
2.6
Maybank
20
2.5
582
2
27
0.5
2.0
TOTAL
$23,147
396
6.3
9.4
5.4
4.4 (0.9)
$22,800
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 35
Bloomberg M&A Financial Advisory League Tables
India Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
UBS AG
1
42.3
7,947
2
Morgan Stanley
2
36.0
6,767
HSBC Bank PLC
3
31.0
5,825
Citigroup Inc
4
29.0
Bank of America Merrill Lynch
5
Credit Suisse Group AG
6
Ernst & Young
RANK
MKT MKT
SHARE
SHARE
CHANGE
38
0.0
42.3
5
1
61.6
(25.6)
3
24
0.7
30.3
5,447
1
5
55.1
(26.1)
27.7
5,209
3
8
50.6
(22.9)
15.3
2,878
2
9
28.6
(13.3)
7
14.8
2,780
23
10
8.4
6.4
Deutsche Bank AG
8
13.0
2,438
2
14
2.3
10.7
I'm Investment & Securities Co Ltd
9
12.4
2,331
1
-
-
12.4
Jefferies LLC
10
8.5
1,600
1
15
1.6
6.9
Goldman Sachs & Co
11
7.3
1,374
2
6
54.5
(47.2)
Rothschild
12
3.3
621
5
22
0.8
2.5
Macquarie Group Ltd
13
2.6
481
1
29
0.3
2.3
Standard Chartered Bank
13
2.6
481
1
-
-
2.6
PricewaterhouseCoopers LLP
15
2.3
439
3
-
-
2.3
JM Financial Ltd
16
1.7
327
2
21
0.8
0.9
Kotak Mahindra Bank Ltd
17
1.4
266
5
12
3.1
(1.7)
Lazard Ltd
18
1.4
257
2
38
0.0
1.4
Credit Agricole Corporate & Investment Bank SA
18
1.4
257
1
-
-
1.4
BNP Paribas SA
20
0.6
113
2
-
-
0.6
TOTAL
$18,782
383
$25,191
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
MA <GO>
LEAG <GO>
MA <GO>
LMX <GO>
MA <GO>
LEAG <GO> 36
Bloomberg M&A Financial Advisory League Tables
South East Asia Announced Deals Any Involvement 1/1/13 - 6/30/13
2013 RANK
FIRM
2012
MKT
VOLUME
DEAL
SHARE
USD (Mln)
COUNT
RANK
MKT MKT
SHARE
SHARE
CHANGE
JP Morgan
1
26.7
14,861
9
13
6.7
20.0
Macquarie Group Ltd
2
18.7
10,399
8
60
0.0
18.7
BDO Capital & Investment Corp
3
16.1
8,963
4
-
-
16.1
HSBC Bank PLC
4
14.4
8,052
5
15
6.0
8.4
Credit Suisse Group AG
5
12.9
7,214
8
3
16.4
(3.5)
UBS AG
6
11.6
6,451
3
2
21.0
(9.4)
Siam Commercial Bank PCL
7
11.5
6,418
2
32
0.5
11.0
Goldman Sachs & Co
8
9.7
5,420
5
10
9.7
-
Nomura Holdings Inc
9
8.1
4,513
2
22
1.3
6.8
Morgan Stanley
10
8.0
4,454
6
6
15.5
(7.5)
Jefferies Group LLC
11
7.9
4,423
1
-
-
7.9
Lazard Ltd
12
7.3
4,075
4
29
0.5
6.8
Barclays Capital Group
13
5.6
3,122
1
25
0.8
4.8
Bank of America Merrill Lynch
14
4.6
2,556
6
1
21.3
(16.7)
Citigroup Inc
15
4.0
2,205
4
14
6.6
(2.6)
CIMB
16
3.6
2,002
9
16
5.9
(2.3)
Moorpark Capital Partners LLP
17
2.0
1,111
1
-
-
2.0
Rothschild
18
1.9
1,076
3
60
0.0
1.9
Banco Itau BBA SA
19
1.5
850
1
-
-
Maybank
20
1.3
743
13
12
8.6
$55,763
705
TOTAL
1.5 (7.3)
$48,898
*Includes Mergers, Acquisitions, Divestitures, Self-tenders and Spinoffs. Excludes Open Market Transactions. *Total Volume represents all announced transactions in US$ millions.
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Bloomberg For data submissions or queries, please contact: Mariana Trindade North America
07/02/2013
Bloomberg 2013 1st Half Mergers & Acquisitions Financial Advisory Rankings
+1-212-617-3692
Bloomberg M&A league tables represent transactions that are either pending or completed, and for which Bloomberg
+1-917-369-3965
has been notified.
mtrindade1@bloomberg.net
Inesa Smigola EMEA +44-20-3525-7149
Bloomberg M&A league tables include mergers, acquisitions, divestitures, self-tenders, spinoffs, debt-for-equity swaps, private placements of common equity and convertible securities, and purchases of convertible securities and cash
+44-20-7942-1792
injection components of recapitalizations according to Bloomberg standards. Excludes open market transactions. All
ismigola@bloomberg.net
deals except additional stake purchases are subjected to a minimum threshold of 5% equity or USD 50 million total value. League table credit is based on announced total value of a deal.
Devanshi Desai Asia Pacific +61-2-9777-8661 +61-2-9770-8561 dparekh10@bloomberg.net
Bloomberg LP and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities.
Fernando Simon LATAM +55-11-3048-4619 +55-11-3048-4669 fsimon5@bloomberg.net
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