GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the metals & mining sector during Q1 2024.
JP Morgan, UBS top M&A financial advisers by value while Eight Capital leads by volume in metals and mining sector during Q1 2024
JP Morgan and UBS were the top mergers and acquisitions (M&A) financial advisers by value while Eight Capital was the top adviser by volume in the metals & mining sector during the first quarter (Q1) of 2024, according to the latest financial advisers league table by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database revealed that JP Morgan and UBS jointly occupied the top position in terms of value, with each of them advising on $2.2 billion worth of deals. Meanwhile, Eight Capital led in terms of volume by advising on a total of two deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Eight Capital, apart from leading by volume in Q1 2024, also occupied the ninth position by value. Meanwhile, JP Morgan and UBS managed to top by value by advising on one deal. The involvement in $2.2 billion Alcoa–Alumina M&A deal helped these two firms top the chart by value.”
JP Morgan and UBS were followed by Bank of America with $1.7 billion while Goldman Sachs and Jefferies jointly occupied the fourth position by value with each of them advising on a deal worth $970 million.
Meanwhile, Grant Samuel Group occupied the second position in terms of volume with two deals, followed by RBC Capital Markets with two deals. JP Morgan and UBS jointly occupied the fourth position by volume with one deal.
Legal Advisers
Davis Polk & Wardwell and Cassels Brock & Blackwell top M&A legal advisers in metals and mining sector during Q1 2024
Davis Polk & Wardwell and Cassels Brock & Blackwell were the top mergers and acquisitions (M&A) legal advisers in the metals & mining sector during the first quarter (Q1) of 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 Davis Polk & Wardwell achieved the leading position in terms of value by advising on $2.2 billion worth of deals. Meanwhile, Cassels Brock & Blackwell led in terms of volume by advising on a total of four deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Despite a decline in number of deals advised by it in Q1 2024 compared to Q1 2023, Cassels Brock & Blackwell led by volume. In fact, its ranking by volume improved from second position in Q1 2023 to the top position in Q1 2024. Meanwhile, Davis Polk & Wardwell, apart from leading by value, also occupied the third position by volume during Q1 2024.”
An analysis of GlobalData’s Deals Database reveals that Ashurst, Cravath Swaine & Moore and Sullivan & Cromwell jointly occupied the second position in terms of value with each of them advising on a deal worth $2.2 billion followed by Herbert Smith Freehills with $1.7 billion worth of deals.
Meanwhile, McCarthy Tetrault occupied the second position in terms of volume with three deals, followed by Davis Polk & Wardwell with two deals, Herbert Smith Freehills with two deals and Linklaters with two deals.