GLOBAL M&A MARKET REVIEW

GLOBAL M&A MARKET REVIEW

FINANCIAL RANKINGS

1Q 2020

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

1Q 2020

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

Nageen Qasim Madeeha Ahmad EeWen Tay

Phone

+1-646-324-2878 +44-20-3525-3754 +65-6231-3404

Email

nqasim1@ mchaudhry13@ etay26@

General M&A queries may be submitted to: m-a@, malondon@, maasia@

?2020 Bloomberg Finance L.P. All rights reserved. 1

2

Global M&A Review | 1Q2020

Global M&A Regional Review

? Global merger and acquisition activity reached $655.5 billion in 1Q2020, representing a 31.5% decrease compared to the same period last year. The Industrial sector experienced massive growth with deal activity reaching a high of $93.0 billion, an increase of 39.1% compared to the same period last year. The pending acquisition of Willis Towers Watson PLC by Aon PLC/UK for $31.4 billion was the largest transaction globally.

? Private equity activity decreased by 23.9% year-on-year to $217.1 billion in transactions. The United States was the most acquisitive country in 1Q2020, accounting for 45.0% of the global private equity volume. The pending sale of thyssenkrupp Elevator AG for $18.9 billion was the largest private equity deal in the region.

Global M&A: Premium Breakdown

0% 3%

8% 24%

19%

0-10% 10-25% 25-50% 50-75%

75-100%

46%

100%+

Summary Number of deals Volume (Bln.) Avg Deal Size (Mln.)

Top Adviser Goldman Sachs & Co Number of deals Volume (Bln.) Avg Deal Size (Bln.)

Global M&A: Highlights of 1Q2020

10,794 $655.5

$60.7

75 $189.9

$2.5

Date

3/9/20 2/28/20 2/20/20 3/3/20 2/3/20

Target

Willis Towers Watson PLC

Acquirer

Aon PLC/UK

Seller

-

thyssenkrupp Elevator AG

Multiple Acquirers

thyssenkrupp AG

E*TRADE Financial Corp

Morgan Stanley

-

QIAGEN NV

Thermo Fisher Scientific Inc

-

Ingenico Group SA

Worldline SA/France

-

Total Value

Global M&A: Industry Breakdown

Amount

% YoY

Industry

(Bln.) % of Total Change

Financial

$31,439.7

Industrial

$243.1 $93.0

37.1% 14.2%

15.4% 38.3%

Consumer Non-cyclical

$18,921.7

Technology

$82.6 $67.5

12.6% 10.3%

-67.3% -32.5%

Consumer Cyclical

$14,507.7

Communications

$66.0 $35.6

10.1% 5.4%

-3.5% -58.5%

Basic Materials

$11,019.9

Energy

$28.0 $26.0

4.3% 4.0%

-76.2% -44.6%

Utilities

$10,650.4

Diversified

$8.4

1.3% -22.8%

$5.0

0.8% 619.1%

$1,400 $1,200 $1,000

$800 $600 $400 $200

$0 2015 Q1

Global M&A: Quarterly Volume

2016 Q1

2017 Q1

Volume $(Bln.)

2018 Q1

2019 Q1 Deal Count

Global M&A: Deal Type Breakdown

14,000 Deal Type

Amount % Change % Change (Bln.) Deal Count Volume

12,000 Company Takeover

$373.4

-8.0% -22.6%

10,000 Cross Border

$250.3

-8.2% -16.9%

8,000 Private Equity

$217.1

-1.6% -23.9%

6,000 4,000 2,000 0 2020 Q1

Asset sale Tender Offer Venture Capital Spin-off Minority purchase Majority purchase

$107.5 $69.9 $58.0 $11.1

$102.6 $40.3

2.9% -2.9% 10.9% -17.4% 1.2% -16.4%

-23.8% 107.1%

10.7% -77.3% -16.2% -70.6%

Quarterly Volume represents any involvement (target, seller, or acquirer).

3

Global Announced Deals

FIRM Goldman Sachs & Co LLC JPMorgan Chase & Co Morgan Stanley Barclays PLC Citigroup Inc Credit Suisse Group AG Rothschild & Co UBS AG BofA Securities Inc Lazard Ltd Deutsche Bank AG Nomura Holdings Inc Evercore Inc Ernst & Young LLP Societe Generale SA Centerview Partners LLC Macquarie Group Ltd HSBC Bank PLC BNP Paribas SA Moelis & Co TOTAL

MKT SHR RANK (%)

2020 VOLUME USD

(Mln)

1

29.0

189,911

2

22.6

148,437

3

20.4

133,917

4

9.8

64,013

5

9.5

61,938

6

9.4

61,355

7

9.2

60,203

8

8.4

54,886

9

7.7

50,536

10

6.7

43,863

11

5.0

32,886

12

4.6

30,239

13

4.0

26,345

14

3.9

25,746

15

3.6

23,656

16

3.1

20,382

17

3.1

20,019

18

2.8

18,566

19

2.7

17,592

20

2.5

16,508

655,534

DEAL COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

75

2

32.0

-3.0

67

1

32.1

-9.5

68

3

30.1

-9.7

35 12

5.9

3.9

42

4

27.9

-18.4

29 10

7.8

1.6

65 14

3.8

5.4

29 19

2.6

5.8

49 5

16.6

-8.9

40 15

3.7

3.0

18 22

2.4

2.6

31 42

0.5

4.2

37 6

16.6

-12.5

51 25

1.6

2.4

7 65

0.2

3.4

15 11

6.4

-3.3

14 57

0.3

2.8

11

9

8.6

-5.8

19 13

4.5

-1.8

24

7

11.5

-9.0

10,793

Global Private Equity Announced Deals

2020

MKT SHR VOLUME USD

FIRM

RANK (%)

(Mln)

Goldman Sachs & Co LLC

1

33.9

73,641

JPMorgan Chase & Co

2

21.6

46,771

UBS AG

3

13.1

28,331

Morgan Stanley

4

12.1

26,295

Citigroup Inc

5

11.7

25,387

Lazard Ltd

6

11.6

25,215

Deutsche Bank AG

7

9.9

21,442

Rothschild & Co

8

9.6

20,751

Nomura Holdings Inc

9

9.5

20,591

Ernst & Young LLP

10

9.3

20,080

Macquarie Group Ltd

11

9.1

19,640

Barclays PLC

12

8.8

18,992

BofA Securities Inc

13

7.7

16,747

Evercore Inc

14

4.6

10,016

Credit Suisse Group AG

15

3.6

7,734

Qatalyst Partners LLC

16

3.5

7,540

Wells Fargo & Co

17

3.0

6,471

Raymond James & Associates Inc

18

2.5

5,513

Jefferies LLC

19

2.3

5,086

Guggenheim Capital LLC

20

2.3

5,000

TOTAL

217,059

DEAL COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

36

1

34.1

-0.2

18

2

33.5

-12.0

15

7

6.0

7.1

31

4

31.9

-19.8

17

5

28.3

-16.6

10 18

1.5

10.1

8 17

1.8

8.1

27 10

4.6

5.0

6 26

0.8

8.7

27 16

2.3

6.9

8 44

0.2

8.8

20

9

4.8

4.0

19

3

32.8

-25.1

19 19

1.5

3.2

14

8

4.8

-1.3

2 13

4.1

-0.6

5 23

0.8

2.1

17 69

0.1

2.5

23 11

4.5

-2.1

4 69

0.1

2.2

3,769

Cross Border Announced Deals

FIRM

MKT SHR RANK (%)

2020 VOLUME USD

(Mln)

Goldman Sachs & Co LLC

1

33.3

83,315

JPMorgan Chase & Co

2

25.2

63,145

UBS AG

3

15.5

38,860

Rothschild & Co

4

13.7

34,334

Barclays PLC

5

13.4

33,477

Lazard Ltd

6

11.1

27,859

BofA Securities Inc

7

9.9

24,833

Morgan Stanley

8

9.8

24,559

Deutsche Bank AG

9

8.9

22,197

Ernst & Young LLP

10

8.7

21,850

Nomura Holdings Inc

11

8.7

21,789

Citigroup Inc

12

8.2

20,541

Macquarie Group Ltd

13

7.6

19,126

Greenhill & Co Inc

14

4.3

10,631

HSBC Bank PLC

15

3.7

9,237

Evercore Inc

16

2.8

6,929

Credit Suisse Group AG

17

2.7

6,626

Wells Fargo & Co

18

2.5

6,324

BNP Paribas SA

19

1.7

4,252

PricewaterhouseCoopers LLP

20

1.6

4,056

TOTAL

250,253

DEAL COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

34

1

18.3

15.0

33

3

12.4

12.9

15 10

6.4

9.2

44

9

7.0

6.7

20 13

4.8

8.6

17 6

7.3

3.8

26 2

13.1

-3.1

29 5

11.5

-1.7

10 12

4.9

3.9

35 22

3.0

5.7

15 35

0.9

7.8

19 4

11.9

-3.6

6 45

0.5

7.2

3 34

0.9

3.4

8 18

3.9

-0.2

14 21

3.2

-0.5

11 8

7.0

-4.4

2 24

1.9

0.6

13 28

1.3

0.4

53 31

1.0

0.6

3,768

4

Global M&A Review | 1Q2020

Americas M&A Regional Review

? Deal activity in the Americas reached a volume of $314.1 billion in 1Q2020 resulting in a 38.9% decrease compared to the same period last year. This quarter recorded the lowest deal volume since 1Q2014. The United States contributed 85.7% the region's total and continued to be most targeted country for M&A transactions.

? The financial sector was the most the most targeted industry in the region accounting for approximately 42.7% of the overall deal volume. The announced acquisition of Willis Towers Watson PLC by Aon PLC for $31.4 billion was the largest transaction on record within the financial sector.

? Private equity activity decreased by 6.7% year-on-year to $109.0 billion in transactions.

Americas M&A: Country Breakdown

Amount

% YoY

Country

(Bln.) % of Total Change

United States

$269.3

85.8% -41.8%

Canada

$24.2

7.7% -23.1%

Bermuda

$9.3

3.0% 862.7%

Brazil

$5.0

1.6% -13.0%

Mexico

$1.1

0.4% -43.3%

British Virgin Islands

$0.6

0.2% -74.8%

Chile

$0.2

0.1% -86.9%

Colombia

$0.1

0.0% -90.0%

Summary Number of deals Volume (Bln.) Avg Deal Size (Mln.)

Top Adviser Goldman Sachs & Co Number of deals Volume (Bln.) Avg Deal Size (Bln.)

Americas M&A: Highlights of 1Q2020

4,769 $313.9

$65.8

Date 3/9/20 2/20/20

Target Willis Towers Watson

PLC

E*TRADE Financial Corp

Acquirer Aon PLC/UK

Morgan Stanley

Seller -

Total Value (Mln.)

$31,439.7

-

$14,507.7

3/3/20

41 $113.0

$2.8

3/3/20 2/17/20

QIAGEN NV

PartnerRe Ltd Bombardier Transportation

Thermo Fisher Scientific Inc

-

$11,019.9

Covea Finance SAS EXOR NV

$9,000.0

Alstom SA

Bombardier Inc

$8,200.0

Americas M&A: Industry Breakdown

Amount

% YoY

Industry

(Bln.) % of Total Change

Financial

$134.0

43.1% 31.0%

Consumer Non-cyclical

$48.0

15.4% -77.9%

Industrial

$36.8

11.8% 75.3%

Technology

$33.8

10.9% -50.4%

Consumer Cyclical

$25.3

8.1% -24.2%

Energy

$13.7

4.4% -38.4%

Communications

$12.9

4.1% -16.0%

Basic Materials

$4.8

1.5% -84.9%

Utilities

$1.3

0.4% -69.6%

Diversified

$0.5

0.2% 9796.3%

$1,000 $800 $600 $400 $200 $0 2015 Q1

Americas M&A: Quarterly Volume

2016 Q1

2017 Q1

2018 Q1

2019 Q1

Volume $(Bln.)

Deal Count

Quarterly Volume represents any involvement (target, seller, or acquirer).

7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2020 Q1

Americas M&A: Deal Type Breakdown

Amount % Change % Change

Deal Type

(Bln.) Deal Count Volume

Company Takeover

$201.0

-4.9% -41.5%

Cross Border

$85.4

-3.7% -39.2%

Private Equity

$108.8

-9.7% -6.9%

Asset sale

$56.9

8.3% -29.4%

Tender Offer

$18.8 -13.3% -14.2%

Venture Capital

$36.5 -10.0% 22.7%

Spin-off

$0.2 -14.3% -92.1%

Minority purchase

$39.4 -11.2% -25.8%

Majority purchase

$10.2 -14.5% -61.8%

5

US Announced Deals (Any Involvement)

2020

MKT SHR VOLUME USD

FIRM

RANK (%)

(Mln)

Goldman Sachs & Co LLC

1

39.1

141,856

JPMorgan Chase & Co

2

29.7

108,027

Morgan Stanley

3

29.0

105,286

Credit Suisse Group AG

4

13.7

49,592

Citigroup Inc

5

13.0

47,290

Lazard Ltd

6

11.1

40,218

Barclays PLC

7

10.3

37,414

BofA Securities Inc

8

9.6

35,030

UBS AG

9

9.0

32,781

Deutsche Bank AG

10

7.8

28,151

Rothschild & Co

11

7.1

25,602

Evercore Inc

12

6.9

25,059

Macquarie Group Ltd

13

5.4

19,726

Nomura Holdings Inc

14

5.4

19,593

Ernst & Young LLP

15

5.4

19,537

Centerview Partners LLC

16

5.3

19,104

Moelis & Co

17

4.4

15,977

PJT Partners Inc

18

3.8

13,705

Wells Fargo & Co

19

2.8

10,275

Guggenheim Capital LLC

20

2.6

9,255

TOTAL

363,191

DEAL COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

50

2

32.9

6.2

42

1

38.7

-9.0

48

4

27.4

1.6

21

9

11.9

1.7

29

5

26.7

-13.7

29 16

4.1

7.0

27 11

8.9

1.4

41 8

13.9

-4.2

17 28

1.0

8.0

12 19

2.5

5.3

26 24

2.1

5.0

32 3

28.0

-21.1

8 78

0.0

5.4

4 44

0.3

5.1

13 27

1.1

4.3

12 10

10.7

-5.4

20 6

18.4

-14.0

10 13

5.2

-1.4

7 25

1.7

1.1

7 26

1.7

0.9

5,114

Canada Announced Deals (Any Involvement)

2020

MKT SHR VOLUME USD

FIRM

RANK (%)

(Mln)

National Bank Financial Inc

1

33.2

14,590

Morgan Stanley

2

26.3

11,582

Rothschild & Co

3

24.9

10,965

UBS AG

4

23.4

10,275

Citigroup Inc

5

20.8

9,164

HSBC Bank PLC

6

20.0

8,791

Goldman Sachs & Co LLC

7

19.4

8,535

Rockefeller Capital Management LP

8

18.6

8,200

Societe Generale SA

8

18.6

8,200

Bank of Nova Scotia/The

10

13.0

5,717

RBC Capital Markets

11

11.7

5,165

JPMorgan Chase & Co

12

11.4

5,006

CIBC

13

8.6

3,769

TD Securities Inc

13

8.6

3,769

BMO Capital Markets Corp/Toronto

15

6.6

2,904

Barclays PLC

16

4.7

2,075

Jefferies LLC

16

4.7

2,075

Greentech Capital Advisors LLC

18

3.7

1,612

Centerview Partners LLC

19

2.7

1,200

Houlihan Lokey Inc

19

2.7

1,200

TOTAL

43,985

DEAL COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

11 27

1.4

31.8

9

6

15.5

10.8

5

-

-

24.9

3

9

13.7

9.7

5

3

26.1

-5.3

2

-

-

20.0

7

1

37.4

-18.0

1

-

-

18.6

1

-

-

18.6

8 33

0.5

12.5

9 16

5.5

6.3

3 11

11.1

0.3

4

7

15.3

-6.8

2

5

18.5

-9.9

7

2

27.2

-20.6

4 13

7.6

-2.9

3 22

1.9

2.9

1

-

-

3.7

1 28

1.0

1.7

2 56

0.0

2.7

895

US Announced Deals (Target or Seller)

2020

MKT SHR VOLUME USD

FIRM

RANK (%)

(Mln)

Goldman Sachs & Co LLC

1

37.7

111,408

Morgan Stanley

2

33.4

98,741

JPMorgan Chase & Co

3

27.5

81,226

Credit Suisse Group AG

4

15.4

45,332

Citigroup Inc

5

13.2

38,910

Barclays PLC

6

10.7

31,528

Evercore Inc

7

8.5

25,059

BofA Securities Inc

8

8.0

23,673

Centerview Partners LLC

9

6.5

19,104

Lazard Ltd

10

5.5

16,191

Moelis & Co

11

5.4

15,977

PJT Partners Inc

12

4.6

13,705

Wells Fargo & Co

13

3.5

10,275

UBS AG

14

3.2

9,383

Guggenheim Capital LLC

15

3.1

9,255

Stifel Financial Corp

16

2.9

8,647

Deutsche Bank AG

17

2.9

8,524

Qatalyst Partners LLC

18

2.6

7,540

Jefferies LLC

19

2.4

7,205

Piper Sandler & Co

20

2.1

6,324

TOTAL

295,244

DEAL COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

43

2

33.3

4.5

42

4

30.0

3.5

36

1

40.7

-13.2

18 10

9.9

5.5

25

5

28.5

-15.3

22 11

8.1

2.6

29 3

31.4

-22.9

32 9

10.1

-2.1

12 8

12.5

-6.1

18 15

4.7

0.8

18 6

20.7

-15.3

10 14

4.9

-0.3

7 28

0.8

2.7

13 72

0.0

3.1

7 22

1.5

1.7

27 23

1.1

1.8

8 20

1.7

1.2

2 18

2.6

-0.1

28 16

3.7

-1.3

26

-

-

2.1

4,193

Canada Announced Deals (Target or Seller)

2020

MKT SHR VOLUME USD

FIRM

RANK (%)

(Mln)

National Bank Financial Inc

1

47.7

14,537

Citigroup Inc

2

29.0

8,844

HSBC Bank PLC

3

28.8

8,791

Rockefeller Capital Management LP

4

26.9

8,200

Societe Generale SA

4

26.9

8,200

Rothschild & Co

4

26.9

8,200

UBS AG

4

26.9

8,200

Morgan Stanley

8

25.9

7,895

Goldman Sachs & Co LLC

9

17.9

5,450

RBC Capital Markets

10

16.9

5,165

JPMorgan Chase & Co

11

16.4

5,006

Bank of Nova Scotia/The

12

13.4

4,078

CIBC

13

12.4

3,769

TD Securities Inc

13

12.4

3,769

BMO Capital Markets Corp/Toronto

15

4.2

1,292

Centerview Partners LLC

16

3.9

1,200

Houlihan Lokey Inc

16

3.9

1,200

Credit Suisse Group AG

16

3.9

1,200

Maxit Capital LP

19

2.5

761

Gleacher Shacklock LLP

20

2.5

761

TOTAL

30,495

DEAL COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

10 18

3.1

44.6

4

3

39.7

-10.7

2

-

-

28.8

1

-

-

26.9

1

-

-

26.9

1

-

-

26.9

2 11

5.4

21.5

5

7

16.5

9.4

3

4

34.9

-17.0

8

9

10.4

6.5

2 10

7.5

9.0

6 23

0.7

12.7

3

8

12.5

-0.2

2

2

41.8

-29.4

6

1

43.0

-38.8

1 19

2.2

1.7

2 46

-

3.9

2 11

5.4

-1.4

2 34

0.1

2.4

1

-

-

2.5

597

6

Latin America Announced Deals (Any Involvement)

2020

MKT SHR VOLUME USD DEAL

FIRM

RANK (%)

(Mln)

COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

BofA Securities Inc

1

12.4

1,124

2 16

2.6

9.8

Banco Bradesco BBI SA

2

11.8

1,070

5

8

5.4

6.4

BR Partners

3

11.1

1,006

3 22

1.4

9.7

Morgan Stanley

4

9.7

878

3

1

22.4

-12.7

Banco Itau BBA SA

5

7.6

690

13 11

4.2

3.4

JPMorgan Chase & Co

6

7.2

647

16

7.3

-0.1

BNP Paribas SA

7

5.7

516

1 12

4.0

1.7

CRG Partners Group LLC

7

5.7

516

1

-

-

5.7

Rothschild & Co

9

5.0

455

35

8.8

-3.8

Ernst & Young LLP

10

5.0

453

3

-

-

5.0

G5 Partners

11

4.6

413

2 21

1.8

2.8

Jefferies LLC

12

4.4

400

2 32

-

4.4

Goldman Sachs & Co LLC

13

4.1

370

22

15.8

-11.7

Citigroup Inc

14

3.3

299

34

11.6

-8.3

Banco Safra SA

15

3.0

268

1

-

-

3.0

RBC Capital Markets

16

2.8

249

2

-

-

2.8

Moelis & Co

17

2.6

235

2 32

-

2.6

HSBC Bank PLC

17

2.6

235

1 26

0.7

1.9

Bank of Nova Scotia/The

19

2.0

184

2 13

3.8

-1.8

Banco Santander SA

20

1.7

153

2

3

13.2

-11.5

TOTAL

9,047

206

Latin America Announced Deals (Target or Seller)

2020

MKT SHR VOLUME USD DEAL

FIRM

RANK (%)

(Mln)

COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

BofA Securities Inc

1

30.6

3,676

3

3

11.3

19.3

Lazard Ltd

2

21.6

2,592

3 25

1.0

20.6

Credit Suisse Group AG

3

21.3

2,552

2 21

1.8

19.5

Houlihan Lokey Inc

3

21.3

2,552

1

-

-

21.3

Swiss Credit Bank

3

21.3

2,552

1

-

-

21.3

Banco Bradesco BBI SA

6

8.9

1,070

5 10

4.6

4.3

BR Partners

7

8.4

1,006

3 24

1.2

7.2

Morgan Stanley

8

7.3

878

3

1

13.7

-6.4

Banco Itau BBA SA

9

5.8

690

13 13

3.6

2.1

JPMorgan Chase & Co

10

5.4

647

1

9

6.2

-0.8

Rothschild & Co

11

5.2

630

4

7

7.5

-2.2

BNP Paribas SA

12

4.3

516

1 14

3.4

0.9

CRG Partners Group LLC

12

4.3

516

1

-

-

4.3

Ernst & Young LLP

14

3.8

453

1

-

-

3.8

G5 Partners

15

3.4

413

2 23

1.5

1.9

Jefferies LLC

16

3.3

400

14

9.1

-5.8

Goldman Sachs & Co LLC

17

3.1

370

22

13.4

-10.3

Citigroup Inc

18

2.5

299

38

7.1

-4.6

Banco Safra SA

19

2.2

268

1

-

-

2.2

RBC Capital Markets

20

2.1

249

2

-

-

2.1

TOTAL

12,005

235

Brazil Announced Deals (Any Involvement)

FIRM

MKT SHR RANK (%)

2020 VOLUME USD

(Mln)

Banco Bradesco BBI SA

1

15.7

1,070

BR Partners

2

14.7

1,006

Morgan Stanley

3

12.9

878

BofA Securities Inc

4

12.1

825

Banco Itau BBA SA

5

10.1

690

JPMorgan Chase & Co

6

9.5

647

BNP Paribas SA

7

7.6

516

CRG Partners Group LLC

7

7.6

516

Rothschild & Co

9

6.7

455

Ernst & Young LLP

10

6.6

453

G5 Partners

11

6.1

413

Goldman Sachs & Co LLC

12

5.4

370

Banco Safra SA

13

3.9

268

RBC Capital Markets

14

1.0

65

Lazard Ltd

15

0.6

40

PricewaterhouseCoopers LLP

16

-

-

XP Investimentos Corretora de Cambio Titul

16

-

-

Moelis & Co

16

-

-

Vinci Partners Investimentos Ltda

16

-

-

DEAL COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

5

3

15.6

0.1

3 13

4.0

10.8

3

2

17.3

-4.4

1 12

4.9

7.2

10

7

7.0

3.1

1

-

-

9.5

15

11.5

-4.0

1

-

-

7.6

31

25.2

-18.5

1

-

-

6.6

2 10

5.1

1.0

1

-

-

5.4

1

-

-

3.9

1

-

-

1.0

1

-

-

0.6

1

-

-

-

1

-

-

-

1 19

-

-

1 19

-

-

TOTAL

6,830

110

Brazil Announced Deals (Target or Seller)

FIRM

MKT SHR RANK (%)

2020 VOLUME USD

(Mln)

Morgan Stanley

1

16.8

878

Banco Itau BBA SA

2

13.2

690

JPMorgan Chase & Co

3

12.4

647

BNP Paribas SA

4

9.9

516

CRG Partners Group LLC

4

9.9

516

Rothschild & Co

6

8.7

455

Ernst & Young LLP

7

8.7

453

G5 Partners

8

7.9

413

Goldman Sachs & Co LLC

9

7.1

370

Banco Safra SA

10

5.1

268

Banco Bradesco BBI SA

11

4.7

245

BR Partners

12

3.5

181

RBC Capital Markets

13

1.2

65

Lazard Ltd

14

0.8

40

PricewaterhouseCoopers LLP

15

-

-

XP Investimentos Corretora de Cambio Titul

15

-

-

Moelis & Co

15

-

-

Vinci Partners Investimentos Ltda

15

-

-

DEAL COUNT

01/01/2020 - 03/31/2020

2019 MKT SHR MKT SHR

RANK (%)

CHANGE

3

2

18.6

-1.8

10

7

7.5

5.6

1

-

-

12.4

1

5

12.4

-2.5

1

-

-

9.9

3

1

27.0

-18.4

1

-

-

8.7

2 10

5.4

2.5

1

-

-

7.1

1

-

-

5.1

4

3

16.7

-12.0

2 13

4.3

-0.8

1

-

-

1.2

1

-

-

0.8

1

-

-

-

1

-

-

-

1 19

-

-

1 19

-

-

TOTAL

5,237

99

7

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download