Stay up-to-date with the latest developments in securities law through access to both news and all statutes and regulations. Find relevant corporate filings through a searchable EDGAR database. And...
July 7 — Goldman Sachs & Co. and White & Case LLP led the way in global merger and acquisition deal volume in the first half of 2016, Bloomberg data show.
Goldman shepherded 144 deals worth more than $417 billion, constituting more than a quarter of the market share for all global, announced deals.
White & Case advised on 138 deals worth more than $277 billion, roughly one-sixth of the market share.
In all of 2015, Goldman had the largest market share by volume among financial firms. White & Case was seventh among law firms (04 SLD, 1/7/16).
Among other law firms, Sullivan & Cromwell LLP, Davis Polk & Wardwell LLP, Cravath, Swaine & Moore LLP and Simpson Thacher & Bartlett LLP filled out the top five for the first half of the year. Simpson Thacher was just under the $200 billion threshold, which was eclipsed by the others.
Skadden, Arps, Slate, Meagher & Flom LLP, the top firm by deal volume in 2015, was seventh.
Jones Day LLP led the overall deal count, with 234, and Latham & Watkins LLP was second with 181.
White & Case has nearly doubled its market share from its 2015 level.
Morgan Stanley was the only other financial adviser to surmount $300 billion in deals.
Bank of America Merrill Lynch, JPMorgan Chase & Co., Credit Suisse Group AG and Barclays PLC all topped $200 billion.
Goldman, Morgan Stanley and JPMorgan Chase were the top three in deal count. Most of the largest banks have experienced a slight dip in market share over 2015 levels.
To contact the reporter on this story: Rob Tricchinelli in Washington at firstname.lastname@example.org
To contact the editor responsible for this story: Phyllis Diamond at email@example.com
The global M&A legal and financial advisory league tables, among many others, are available to Bloomberg Law: Corporate Transactions subscribers at https://www.bloomberglaw.com/product/corptrans/secondary_page/ct_league_tables
Copyright © 2016 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)