GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank the advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the metals & mining sector during Q1-Q3 2024. See the rankings and findings below.
Financial Advisers
Bank of America and RBC Capital Markets top M&A financial advisers in metals & mining sector during Q1-Q3 2024
Bank of America and RBC Capital Markets were the top mergers and acquisitions (M&A) financial advisers in the metals & mining sector during the Q1-Q3 2024 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database reveals that Bank of America achieved the top position in terms of value by advising on $10.2 billion worth of deals. Meanwhile, RBC Capital Markets led in terms of volume by advising on a total of eight deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “RBC Capital Markets witnessed an improvement in the total volume of deals advised by it and consequently its ranking by volume took a significant leap from 51st position during Q1-Q3 2023 to the top position during Q1-Q3 2024.
“Meanwhile, Bank of America went ahead from occupying the third position by value during Q1-Q3 2023 to top the chart during Q1-Q3 2024. Interestingly, despite registering a decline in the total value of deals advised by it, Bank of America was the only adviser to surpass the 10 billion deal value mark during Q1-Q3 2024.”
BMO Capital Markets occupied the second position in terms of value, by advising on $9.8 billion worth of deals, followed by JP Morgan with $5.5 billion, Moelis & Company with $5.2 billion and Goldman Sachs with $4.9 billion.
Meanwhile, BMO Capital Markets occupied the second position in terms of volume with seven deals, followed by Macquarie with seven deals, Cormark Securities with six deals and Bank of America with four deals.
Legal Advisers
Cravath Swaine & Moore and Fasken Martineau DuMoulin top M&A legal advisers in metals & mining sector during Q1-Q3 2024
Cravath Swaine & Moore and Fasken Martineau DuMoulin were the top mergers and acquisitions (M&A) legal advisers in the metals & mining sector during Q1-Q3 2024 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database reveals that Cravath Swaine & Moore achieved the top position in terms of value by advising on $9 billion worth of deals. Meanwhile, Fasken Martineau DuMoulin led in terms of volume by advising on a total of 19 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Cravath Swaine & Moore and Fasken Martineau DuMoulin were the top advisers by value and volume during Q1-Q3 2023 and managed to retain their respective top positions during Q1-Q3 2024 as well. Despite both the firms registering decline in total value and volume, respectively, during Q1-Q3 2024 compared to Q1-Q3 2023, they managed to maintain their top ranking.”
Paul, Weiss, Rifkind, Wharton & Garrison occupied the second position in terms of value, by advising on $7.3 billion worth of deals, followed by Blake Cassels & Graydon with $7.1 billion, Stikeman Elliott with $6.6 billion and McCarthy Tetrault with $6.2 billion.
Meanwhile, Cassels Brock & Blackwell occupied the second position in terms of volume with 17 deals, followed by McCarthy Tetrault with 13 deals, Blake Cassels & Graydon with 11 deals and Bennett Jones with nine deals.
