GLOBAL M&A MARKET REVIEW
GLOBAL M&A MARKET REVIEW
FINANCIAL RANKINGS
2016
CONTENTS
1. Introduction 2. Global M&A Heat Map 3. Global M&A Regional Review 4. Global M&A League Tables 5. Americas M&A Regional Review 6. Americas M&A League Tables 8. EMEA M&A Regional Review 9. EMEA M&A League Tables 12. APAC M&A Regional Review 13. APAC M&A League Tables 16. Disclaimer
2016
GLOBAL M&A 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-equityswaps, joint ventures, private placements of common equity and convertible securities, and the cash injection component of recapitalization 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 our Bloomberg Brief newsletter provides summary highlights of weekly M&A activity and top deal trends.
Visit {NI LEAG CRL } to download copies of the final release and a full range of market specific league table results. On the web, visit: .
Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service.
DATA SUBMISSIONS AND QUERIES
North America EMEA Asia Pacific
Contact
Meaghan Burke Madeeha Ahmad Ee Wen Tay
Phone
+1-646-324-1537 +44-20-3525-3754 +65-6231-3404
Email
mburke65@ mchaudhry13@ etay26@
General M&A queries may be submitted to: m-a@, malondon@, maasia@
?2016 Bloomberg Finance L.P. All rights reserved.
Global M&A Heat Map
North America USD 2.2T 1. Goldman Sachs & Co
31.5%
2. Morgan Stanley
30.2%
3. Bank of America Merrill Lynch 28.0%
Western Europe USD 1.1T 1. Goldman Sachs & Co 2. Morgan Stanley 3. Credit Suisse Group AG
38.9% 30.8% 23.8%
Eastern Europe
USD 99.2B
1. VTB Capital JSC
25.8%
2. UBS AG
17.9%
3. Bank of America Merrill Lynch 13.1%
Latin America & Caribbean USD 159.9B 1. Banco Santander SA 2. Banco Itau BBA 3. UBS AG
15.6% 13.0% 11.5%
Middle East & Africa USD 150.5B 1. UBS AG 2. Credit Suisse Group AG 3. Goldman Sachs & Co
20.0% 15.7% 13.3%
Asia Pacific USD 1.3T 1. Morgan Stanley 2. Goldman Sachs & Co 3. UBS AG
15.9% 12.8% 12.1%
Deal volume and adviser market share for any regional involvement (target, seller, or acquirer) for 2016. 2
Global M&A Review | 2016
Global M&A Regional Review
? Global merger and acquisition activity reached $3.6 trillion, representing a 10.5% decrease year-onyear. October deal-making reached a record high monthly volume of $505.8 billion. AT&T Inc's acquisition of Time Warner Inc for $107.1 billion was the largest deal for both the month and year.
? The financial sector continued to be the most targeted with $696.4 billion in announced transactions, accounting for 19.1% of the total global volume for the year. The basic materials sector experienced the most growth with $321.5 billion in deal activity, a 51.3% increase from 2015. Bayer AG's announced bid for Monsanto Co contributed $65.7 billion to the basic materials sector's total.
? Deals with announced transaction values of over $1.0 billion accounted for 63.8% of the total deal activity in 2016. The consumer, non-cyclical sector was the most sought-after for mega-deals, contributing $357.5 billion to the total volume.
Global M&A: Premium Breakdown
5% 2% 2%
0-10%
18%
10-25%
25-50%
50-75%
44%
29%
75-100%
100%+
Global M&A: Highlights of 2016
Summary Number of deals Volume (Bln.) Avg Deal Size (Mln.)
39,664 $3,591.0
$90.5
Date 10/22/2016 5/18/2016
Target Time Warner Inc
Monsanto Co
Acquirer AT&T Inc
Bayer AG
Top Adviser Goldman Sachs & Co Number of deals Volume (Bln.) Avg Deal Size (Bln.)
10/21/2016
Reynolds American Inc
309 $876.3
$2.8
11/21/2016 2/3/2016
Energy Transfer Partners LP Syngenta AG
British American Tobacco PLC Sunoco Logistics Partners LP China National Chemical Corp
Total Value
Seller
(Mln.)
-
$107,130.8
-
$65,695.7
-
$58,256.1
-
$51,381.6
-
$46,311.7
Global M&A: Industry Breakdown
Amount
% YoY
Industry
(Bln.) % of Total Change
Financial
$696.4
19.1% -15.3%
Consumer Non-cyclical $568.2
15.6% -38.6%
Communications
$415.0
11.4% -5.0%
Consumer Cyclical
$360.2
9.9% 14.5%
Energy
$357.2
9.8% -3.7%
Technology
$346.6
9.5%
0.4%
Industrial
$338.4
9.3% -23.4%
Basic Materials
$321.5
8.8% 50.2%
Utilities
$202.5
5.6% 87.9%
Diversified
$39.7
1.1% -46.0%
$1,400 $1,200 $1,000
$800 $600 $400 $200
$0 2011 Q4
Global M&A: Quarterly Volume
2012 Q4
2013 Q4
2014 Q4
2015 Q4
Volume $(Bln.)
Deal Count
Quarterly Volume represents any involvement (target, seller, or acquirer).
12,000 10,000 8,000 6,000 4,000 2,000 0 2016 Q4
Global M&A: Deal Type Breakdown
Amount % Change % Change
Deal Type
(Bln.) Deal Count Volume
Company Takeover
$2,269.7
-0.5% -12.3%
Cross Border
$1,584.9
2.5% -0.3%
Private Equity
$735.6
-1.9% -9.4%
Asset Sale
$566.2
5.7% -13.8%
Tender Offer
$335.3
3.2% 55.5%
Venture Capital
$115.0
-5.8% -2.7%
Spin-off
$68.4
-5.3% -35.2%
Minority Purchase
$390.2
2.1%
4.4%
Majority Purchase
$268.9
-0.9% 17.8%
3
Global Announced Deals
FIRM Goldman Sachs & Co Morgan Stanley JPMorgan Chase & Co Bank of America Merrill Lynch Citigroup Inc Barclays PLC Credit Suisse Group AG Lazard Ltd UBS AG Deutsche Bank AG Evercore Partners Inc Centerview Partners LLC RBC Capital Markets Rothschild & Co Perella Weinberg Partners LP Allen & Co Inc China International Capital Corp Ltd HSBC Bank PLC Macquarie Group Ltd Qatalyst Partners LLC TOTAL
RANK 1 2 3 4 5 6 7 8 9
10 11 12 13 14 15 16 17 18 19 20
MKT SHR (%) 24.4 23.8 20.2 19.7 15.1 14.8 14.0 10.0 9.5 9.3 8.2 6.1 5.4 5.3 4.8 4.0 3.7 3.1 3.0 2.7
2016 VOLUME USD
(Mln) 876,257 855,355 723,734 708,417 540,689 532,183 503,366 360,131 339,478 333,656 295,256 219,269 193,142 188,984 170,769 143,399 134,385 110,456 107,119 97,812
3,590,992
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
309
1
30.5
-6.1
290
2
27.6
-3.8
302
3
25.4
-5.2
216
4
22.2
-2.4
205
6
16.5
-1.5
199
8
13.9
1.0
205
5
18.4
-4.4
223
7
16.1
-6.1
149 11
8.6
0.9
144
9
12.6
-3.3
146 13
6.9
1.3
34 10
10.6
-4.5
144 18
3.9
1.4
317 12
7.3
-2.0
20 19
3.6
1.2
10 23
2.5
1.5
37 26
2.3
1.5
64 20
3.4
-0.3
88 27
2.1
0.9
10 55
0.5
2.2
39,664
4,006,843
Global Private Equity Announced Deals
2016
MKT SHR VOLUME USD
FIRM
RANK (%)
(Mln)
Goldman Sachs & Co
1
20.8
152,916
JPMorgan Chase & Co
2
15.8
116,377
Morgan Stanley
3
15.1
110,947
Bank of America Merrill Lynch
4
12.9
94,565
Credit Suisse Group AG
5
12.4
90,892
Barclays PLC
6
12.3
90,125
Citigroup Inc
7
10.4
76,278
Deutsche Bank AG
8
9.7
71,314
UBS AG
9
9.1
66,779
RBC Capital Markets
10
8.2
60,109
Lazard Ltd
11
5.7
42,069
Jefferies LLC
12
5.5
40,377
Macquarie Group Ltd
13
5.5
40,360
Rothschild & Co
14
4.9
36,165
Ernst & Young
15
3.4
25,125
Evercore Partners Inc
16
3.0
22,291
Gresham Partners Ltd
17
2.7
19,673
KPMG Corporate Finance LLC
18
2.2
16,262
Centerview Partners LLC
19
2.1
15,288
Wells Fargo & Co
20
2.1
15,106
TOTAL
735,257
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
117
3
18.7
2.1
103
1
22.9
-7.1
108
2
19.2
-4.1
66
4
17.5
-4.7
84
8
11.2
1.2
84
6
12.6
-0.3
74
5
15.0
-4.7
56
7
11.4
-1.7
54 10
6.2
2.9
50 12
5.7
2.5
101 17
3.5
2.2
79 18
3.5
2.0
27 14
4.0
1.5
148 13
5.4
-0.5
78 31
1.3
2.1
54 26
1.8
1.3
6 63
0.3
2.4
96 35
0.9
1.3
8
9
6.6
-4.5
26 11
5.8
-3.7
11,057
811,469
Cross Border Announced Deals
FIRM Goldman Sachs & Co Morgan Stanley JPMorgan Chase & Co Credit Suisse Group AG Bank of America Merrill Lynch Lazard Ltd Barclays PLC UBS AG Deutsche Bank AG Citigroup Inc Rothschild & Co Centerview Partners LLC Evercore Partners Inc RBC Capital Markets HSBC Bank PLC Macquarie Group Ltd China International Capital Corp Ltd Ducera Partners LLC BMO Capital Markets Perella Weinberg Partners LP TOTAL
RANK 1 2 3 4 5 6 7 8 9
10 11 12 13 14 15 16 17 18 19 20
MKT SHR (%) 34.5 30.6 23.1 22.0 19.4 16.2 16.2 14.7 13.4 10.8 9.9 9.4 7.4 5.8 5.7 5.4 4.5 4.2 3.9 3.8
2016 VOLUME USD
(Mln) 545,945 484,312 366,489 348,330 308,141 256,377 255,974 233,049 212,730 170,527 156,716 148,885 116,420 92,484 89,556 85,425 71,317 65,696 61,385 60,485
1,584,781
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
177
2
32.1
2.4
156
3
29.4
1.2
161
1
36.7
-13.6
114
7
19.7
2.3
120
4
29.0
-9.5
142
5
21.0
-4.8
98
6
19.8
-3.6
86 16
7.0
7.8
83
8
19.5
-6.1
112 11
12.5
-1.8
228
9
13.6
-3.7
13 13
9.9
-0.5
53 17
4.5
2.8
58 22
2.5
3.3
47 18
4.0
1.7
50 25
2.1
3.3
10 37
1.2
3.3
1
-
-
4.2
25 27
1.6
2.3
7 14
8.1
-4.3
14,828
1,589,159
4
Global M&A Review | 2016
Americas M&A Regional Review
? Total deal volume in the Americas reached $2.3 trillion, representing an 8.0% decrease in activity year-on-year. The fourth quarter contributed over 34.9% to the volume in 2016 with $802.5 billion
in announced transactions.
? The Americas continued to be the most targeted region for M&A activity with $1.9 trillion in announced transactions, contributing 52.7% to the global deal activity. The consumer non-cyclical industry was the
most sought-after in the Americas with $348.9 billion in deals, accounting for 18.8% of the region's volume.
? Private equity buyouts for targets based in the Americas reached $100.3 billion, representing a 26.6% decrease from last year. Apollo Global Management LLC was the most acquisitive firm targeting the
region with $22.8 billion in transactions for the year. Apollo's $12.3 billion acquisition of ADT Corp was
the largest private equity buyout in 2016.
Americas M&A: Highlights of 2016
Total Value
Summary
Date
Target
Acquirer
Seller (Mln.)
Number of deals Volume (Bln.)
16,694 10/22/2016
$1,865.4
Time Warner Inc
AT&T Inc
-
$107,130.8
Avg Deal Size (Mln.)
$111.7 5/18/2016
Monsanto Co
Bayer AG
-
$65,695.7
Top Adviser Morgan Stanley
10/21/2016 Reynolds American Inc
British American Tobacco PLC
-
$58,256.1
Number of deals Volume (Bln.)
148 11/21/2016 Energy Transfer Partners LP Sunoco Logistics Partners LP
-
$51,381.6
$556.7
Avg Deal Size (Bln.)
$3.8 9/6/2016
Spectra Energy Corp
Enbridge Inc
-
$42,818.3
Americas M&A: Country Breakdown
Amount
% YoY
Country
(Bln.) % of Total Change
United States
$1,664.3
89.2% -13.8%
Canada
$90.7
4.9% 33.7%
Brazil
$42.7
2.3%
4.2%
Chile
$17.4
0.9% 198.6%
Bermuda
$10.5
0.6% 79.3%
Mexico
$9.8
0.5% -43.6%
British Virgin Islands
$9.5
0.5% 65.3%
Colombia
$6.0
0.3% 1032.9%
Americas M&A: Industry Breakdown
Amount
% YoY
Industry
(Bln.) % of Total Change
Consumer Non-cyclical $348.9
18.6% -38.0%
Communications
$273.3
14.6% 23.5%
Financial
$268.0
14.3% -24.7%
Energy
$256.2
13.7% 50.8%
Technology
$182.0
9.7% -29.0%
Consumer Cyclical
$174.0
9.3% 20.2%
Basic Materials
$142.1
7.6%
7.4%
Utilities
$113.2
6.0% 125.5%
Industrial
$112.9
6.0% -39.9%
Diversified
$3.1
0.2% -47.7%
$1,000 $800 $600 $400 $200 $0 2011 Q4
Americas M&A: Quarterly Volume
2012 Q4
2013 Q4
2014 Q4
2015 Q4
Volume $(Bln.)
Deal Count
Quarterly Volume represents any involvement (target, seller, or acquirer).
6,000 5,000 4,000 3,000 2,000 1,000 0 2016 Q4
Americas M&A: Deal Type Breakdown
Amount % Change % Change
Deal Type
(Bln.) Deal Count Volume
Company Takeover
$1,349.2
-1.4% -9.3%
Cross Border
$701.2
3.9% 31.5%
Private Equity
$370.7
-5.2% -21.2%
Asset Sale
$312.6
8.1% -11.1%
Tender Offer
$79.7 -13.5% -28.0%
Venture Capital
$52.4 -12.4% -19.8%
Spin-off
$35.8 -35.8% -52.5%
Minority Purchase
$118.6
-6.2% -9.7%
Majority Purchase
$38.5
-8.3% 46.3%
5
US Announced Deals (Any Involvement)
FIRM
MKT SHR RANK (%)
2016 VOLUME USD
(Mln)
Goldman Sachs & Co
1
32.9
684,875
Morgan Stanley
2
30.5
635,137
Bank of America Merrill Lynch
3
28.6
594,351
JPMorgan Chase & Co
4
28.0
582,234
Citigroup Inc
5
23.4
487,590
Barclays PLC
6
22.4
465,683
Credit Suisse Group AG
7
18.4
382,341
Evercore Partners Inc
8
13.9
288,431
Deutsche Bank AG
9
13.1
272,553
Lazard Ltd
10
12.9
267,700
Centerview Partners LLC
11
10.5
219,269
UBS AG
12
8.3
173,441
Perella Weinberg Partners LP
13
7.5
156,659
Allen & Co Inc
14
6.9
143,399
RBC Capital Markets
15
6.8
141,751
Rothschild & Co
16
5.6
117,015
Qatalyst Partners LLC
17
4.7
97,812
Guggenheim Capital LLC
18
4.5
94,062
Wells Fargo & Co
19
4.1
85,649
Macquarie Group Ltd
20
4.0
83,724
TOTAL
2,082,005
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
205
1
33.0
-0.1
175
2
29.0
1.5
154
4
24.1
4.4
211
3
28.5
-0.6
126
5
22.5
0.9
149
7
17.2
5.2
129
6
22.2
-3.9
129 11
11.0
2.9
88 12
10.2
2.9
122
8
16.0
-3.1
34
9
12.9
-2.4
73 10
11.0
-2.7
17 37
0.7
6.8
9 17
4.3
2.6
102 15
5.6
1.2
94 18
4.3
1.3
10 32
0.9
3.8
25 13
7.4
-2.9
66 23
2.8
1.3
38 26
1.5
2.5
17,467
2,298,890
Canada Announced Deals (Any Involvement)
2016
MKT SHR VOLUME USD
FIRM
RANK (%)
(Mln)
Morgan Stanley
1
35.7
106,876
Goldman Sachs & Co
2
34.8
103,982
JPMorgan Chase & Co
3
33.7
100,686
Bank of America Merrill Lynch
4
32.1
95,914
RBC Capital Markets
5
30.3
90,725
Barclays PLC
6
30.2
90,386
Credit Suisse Group AG
7
26.9
80,567
BMO Capital Markets
8
22.6
67,464
Citigroup Inc
9
18.4
54,942
CIBC
10
13.8
41,229
Lazard Ltd
11
9.0
27,011
Wells Fargo & Co
12
8.3
24,904
Bank of Nova Scotia/The
13
6.6
19,719
Gresham Partners Ltd
14
6.6
19,594
TD Securities Inc
15
5.9
17,640
UBS AG
16
5.1
15,149
Macquarie Group Ltd
17
4.6
13,660
National Bank Financial Inc
18
4.3
12,712
Grant Samuel Securities Pty Ltd
19
4.1
12,270
Stifel Financial Corp
20
2.8
8,293
TOTAL
299,183
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
22
3
15.7
20.0
28
7
14.0
20.7
26
1
32.8
0.8
24
5
14.4
17.7
46
2
16.7
13.6
20
4
15.2
15.0
23 11
9.4
17.5
34
8
13.0
9.6
11
6
14.3
4.1
32 10
9.5
4.3
14 42
0.6
8.4
7 27
2.0
6.3
24 17
6.0
0.6
4 38
0.7
5.8
34 18
4.4
1.5
11 19
4.3
0.8
15 16
6.7
-2.1
28 32
1.3
2.9
3
-
-
4.1
6 97
0.0
2.7
3,072
267,564
US Announced Deals (Target or Seller)
FIRM Goldman Sachs & Co JPMorgan Chase & Co Morgan Stanley Bank of America Merrill Lynch Citigroup Inc Barclays PLC Credit Suisse Group AG Lazard Ltd Evercore Partners Inc Deutsche Bank AG Allen & Co Inc UBS AG Centerview Partners LLC RBC Capital Markets Perella Weinberg Partners LP Guggenheim Capital LLC Rothschild & Co Wells Fargo & Co Jefferies LLC BMO Capital Markets TOTAL
RANK 1 2 3 4 5 6 7 8 9
10 11 12 13 14 15 16 17 18 19 20
MKT SHR (%) 30.6 30.5 30.4 30.2 26.7 21.6 15.3 14.5 13.3 12.9 8.1 8.1 8.0 7.4 6.6 5.3 5.1 4.8 4.3 3.8
2016 VOLUME USD
(Mln) 539,051 537,076 536,211 532,666 471,722 380,459 269,733 256,011 235,370 227,919 143,126 142,473 140,646 130,284 116,306 93,781 89,485 85,461 76,149 66,147
1,764,004
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
165
1
34.0
-3.5
183
3
28.6
1.9
150
2
30.7
-0.3
129
4
25.5
4.7
105
5
24.9
1.8
133
7
18.1
3.5
110
6
23.2
-7.9
97
8
16.7
-2.1
116 10
12.1
1.3
76 12
10.1
2.9
8 17
4.7
3.4
63 11
11.0
-2.9
31
9
14.4
-6.4
88 15
6.2
1.2
16 33
0.8
5.8
23 13
8.3
-3.0
57 24
2.5
2.6
64 22
3.0
1.8
127 23
2.6
1.8
35 27
1.5
2.3
14,368
2,041,905
Canada Announced Deals (Target or Seller)
2016
MKT SHR VOLUME USD
FIRM
RANK (%)
(Mln)
RBC Capital Markets
1
36.4
40,542
CIBC
2
32.9
36,603
Barclays PLC
3
24.2
26,963
Bank of America Merrill Lynch
4
20.6
22,950
Morgan Stanley
5
19.5
21,762
BMO Capital Markets
6
12.7
14,096
TD Securities Inc
7
12.1
13,440
JPMorgan Chase & Co
8
11.2
12,450
Goldman Sachs & Co
9
11.1
12,357
Credit Suisse Group AG
10
9.7
10,755
Bank of Nova Scotia/The
11
7.0
7,813
National Bank Financial Inc
12
6.3
7,008
Citigroup Inc
13
4.0
4,456
Deutsche Bank AG
14
2.9
3,250
GMP Securities LP
15
2.8
3,157
Peters & Co Ltd
16
2.7
2,962
Evercore Partners Inc
17
1.9
2,085
Blair Franklin Capital Partners Inc
18
1.6
1,823
Canaccord Genuity Corp
19
1.6
1,766
Moelis & Co
20
1.4
1,603
TOTAL
111,360
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
38
1
20.5
15.9
30
2
18.2
14.7
6 26
1.8
22.4
9 14
4.3
16.3
7
7
6.7
12.9
24
3
18.2
-5.5
27
4
13.0
-0.9
9
5
11.3
-0.1
10
6
8.2
2.9
8 23
2.2
7.4
20 10
4.6
2.5
25 16
3.9
2.4
4 18
3.7
0.3
4
9
5.0
-2.1
14 15
4.1
-1.3
8 36
0.8
1.9
5 44
0.6
1.3
1 46
0.5
1.1
12 22
2.9
-1.3
5 25
1.8
-0.4
2,163
90,894
6
Latin America Announced Deals (Any Involvement)
2016
MKT SHR VOLUME USD DEAL
FIRM
RANK (%)
(Mln)
COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
Banco Santander SA
1
24.1
25,068
28
5
16.8
7.3
Banco Itau BBA SA
2
20.0
20,820
45
2
22.9
-2.9
Banco BTG Pactual SA
3
15.8
16,410
26
8
10.8
4.9
Bank of America Merrill Lynch
4
14.6
15,226
13 10
9.0
5.6
Banco Bradesco BBI SA
5
14.5
15,125
24
3
17.5
-3.0
JPMorgan Chase & Co
6
14.0
14,596
15
7
11.6
2.5
Citigroup Inc
7
9.1
9,499
19 14
7.8
1.3
Morgan Stanley
8
8.7
9,011
8 12
8.7
-0.1
Credit Suisse Group AG
9
6.4
6,715
14 11
8.8
-2.4
IMAP Inc Sucursal Espana
10
5.8
6,081
13
-
-
5.8
Goldman Sachs & Co
11
5.8
6,063
9
4
17.3
-11.5
UBS AG
12
5.2
5,461
8
9
9.0
-3.8
Banco Bilbao Vizcaya Argentaria SA
13
4.2
4,350
10 15
5.9
-1.8
Lazard Ltd
14
3.9
4,046
10 26
1.2
2.7
BNP Paribas SA
15
2.9
3,054
8 21
1.3
1.6
Credit Agricole Corporate & Investment Bank SA 16
2.7
2,785
3 28
1.0
1.6
Banco do Brasil SA
17
2.5
2,622
5 23
1.3
1.2
HSBC Bank PLC
18
2.4
2,503
7 13
8.3
-5.9
Rothschild & Co
19
2.1
2,190
8
1
23.6
-21.5
Jefferies LLC
20
2.0
2,055
3 55
0.1
1.9
TOTAL
104,209
934
81,172
Latin America Announced Deals (Target or Seller)
2016
MKT SHR VOLUME USD
FIRM
RANK (%)
(Mln)
Banco Itau BBA SA
1
23.6
20,820
Banco Santander SA
2
19.8
17,518
Banco BTG Pactual SA
3
18.6
16,410
Banco Bradesco BBI SA
4
16.5
14,539
Bank of America Merrill Lynch
5
15.8
13,959
JPMorgan Chase & Co
6
15.1
13,349
Morgan Stanley
7
10.2
9,011
Citigroup Inc
8
10.0
8,839
Credit Suisse Group AG
9
7.6
6,715
IMAP Inc Sucursal Espana
10
6.9
6,081
Goldman Sachs & Co
11
5.3
4,690
Banco Bilbao Vizcaya Argentaria SA
12
4.9
4,350
UBS AG
13
4.6
4,088
Lazard Ltd
14
3.9
3,471
BNP Paribas SA
15
3.5
3,054
Credit Agricole Corporate & Investment Bank SA 16
3.2
2,785
Banco do Brasil SA
17
3.0
2,622
HSBC Bank PLC
18
2.8
2,503
Rothschild & Co
19
2.5
2,190
Jefferies LLC
20
2.3
2,055
TOTAL
88,382
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
45
2
24.8
-1.2
24
5
18.1
1.8
26
8
11.7
6.8
23
3
19.0
-2.5
11 14
6.5
9.3
13
6
12.5
2.6
8 11
9.4
0.8
18 13
6.6
3.4
13 10
9.5
-1.9
13
-
-
6.9
8
4
18.7
-13.4
10 15
6.4
-1.5
7
9
9.8
-5.2
9 24
1.3
2.7
8 21
1.4
2.0
3 26
1.1
2.0
5 23
1.4
1.6
6 12
9.0
-6.1
8
1
25.5
-23.1
2 50
0.1
2.2
842
74,887
Brazil Announced Deals (Any Involvement)
FIRM
MKT SHR RANK (%)
2016 VOLUME USD
(Mln)
Banco Santander SA
1
30.8
15,617
Banco Bradesco BBI SA
2
29.8
15,125
Bank of America Merrill Lynch
3
27.7
14,053
Banco Itau BBA SA
4
23.7
12,039
JPMorgan Chase & Co
5
19.1
9,660
Banco BTG Pactual SA
6
15.5
7,858
Citigroup Inc
7
10.1
5,105
UBS AG
8
6.9
3,473
Goldman Sachs & Co
9
6.8
3,438
Banco do Brasil SA
10
5.2
2,622
Credit Agricole Corporate & Investment Bank SA 11
5.1
2,585
Credit Suisse Group AG
12
5.1
2,559
Morgan Stanley
13
5.0
2,514
BNP Paribas SA
14
4.6
2,310
Rothschild & Co
15
4.3
2,190
Industrial Securities Co Ltd
16
3.0
1,500
Barclays PLC
16
3.0
1,500
HSBC Bank PLC
16
3.0
1,500
Deutsche Bank AG
16
3.0
1,500
Ping An Insurance Group Co of China Ltd
16
3.0
1,500
TOTAL
50,703
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
16
4
21.2
9.6
24
3
31.4
-1.6
11 12
11.7
16.0
38
1
37.2
-13.5
6
7
15.8
3.2
21
6
18.1
-2.6
8 16
2.6
7.4
3
8
14.3
-7.5
5
5
19.4
-12.6
5 17
2.4
2.8
2 21
1.7
3.4
6
9
13.3
-8.2
5 13
7.3
-2.3
4 24
1.3
3.2
7
2
32.5
-28.2
1
-
-
3.0
1 27
0.6
2.4
1 10
12.6
-9.6
1 11
12.3
-9.4
1
-
-
3.0
497
45,211
Brazil Announced Deals (Target or Seller)
2016
MKT SHR VOLUME USD
FIRM
RANK (%)
(Mln)
Banco Santander SA
1
32.2
15,617
Banco Bradesco BBI SA
2
29.9
14,539
Bank of America Merrill Lynch
3
27.7
13,459
Banco Itau BBA SA
4
24.6
11,947
JPMorgan Chase & Co
5
18.7
9,073
Banco BTG Pactual SA
6
16.2
7,858
Citigroup Inc
7
10.5
5,105
UBS AG
8
7.2
3,473
Goldman Sachs & Co
9
7.1
3,438
Banco do Brasil SA
10
5.4
2,622
Credit Agricole Corporate & Investment Bank SA 11
5.3
2,585
Morgan Stanley
12
5.2
2,514
Credit Suisse Group AG
13
4.9
2,356
BNP Paribas SA
14
4.8
2,310
Rothschild & Co
15
4.5
2,190
Industrial Securities Co Ltd
16
3.1
1,500
Barclays PLC
16
3.1
1,500
HSBC Bank PLC
16
3.1
1,500
Deutsche Bank AG
16
3.1
1,500
Ping An Insurance Group Co of China Ltd
16
3.1
1,500
TOTAL
48,578
DEAL COUNT
01/01/2016 - 12/31/2016
2015
MKT SHR MKT SHR
RANK (%)
CHANGE
16
4
22.4
9.7
23
3
33.2
-3.3
10 12
8.8
18.9
37
1
38.8
-14.2
5
7
16.7
2.0
21
6
18.5
-2.3
8 16
2.8
7.7
3
8
14.6
-7.4
5
5
20.5
-13.4
5 17
2.5
2.9
2 21
1.8
3.6
5 13
7.7
-2.5
5
9
14.1
-9.2
4 24
1.4
3.4
7
2
34.4
-29.9
1
-
-
3.1
1 27
0.6
2.5
1 10
13.3
-10.2
1 11
9.6
-6.6
1
-
-
3.1
452
42,748
7
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- working with an lpl financial advisor
- page 2017 software survey
- best s financial strength rating guide fsr
- guide to reading your morgan stanley statement
- the deal 21 australia s top 50 in association with
- financial strength ratings for agl
- s 2016 b d ranking
- the fiduciary pyramid advisor perspectives
- feature broker dealer review and ranking fa s
- global m a market review