Goldman, White &Case Lead Global M&A Deal Rankings

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By Rob Tricchinelli

Oct. 6 — Goldman Sachs & Co. and White & Case LLP are the leading financial and legal firms handling global merger and acquisition deals by volume in the first three quarters of 2016, Bloomberg data show.

Goldman worked on 217 deals worth more than $600 billion, slightly more than a quarter of the market share among financial advisers to such transactions.

White & Case advised on 196 deals totaling more than $379 billion, which makes up more than 15 percent of the market share for all global, announced deals.

Both firms led in their respective categories at the halfway point in 2016 as well (131 SLD, 7/8/16).

Legal Rankings

Sullivan & Cromwell LLP, Wachtell, Lipton, Rosen & Katz, Davis Polk & Wardwell LLP, and Skadden, Arps, Slate, Meagher & Flom LLP make up the rest of the top five law firms by volume. Those firms each surpassed $275 billion in deal volume.

Global Announced Deals

Jones Day led the overall deal count, with 352, and Kirkland & Ellis LLP was in the second spot with 293.

White & Case and Wachtell have increased their market share over a comparable period in 2015. Skadden was tops in 2015 but lost slightly more than a third of its market share as of the end of the third quarter.

Financial Rankings

On the financial side, Morgan Stanley was second in deal volume with more than $490 billion. JP Morgan Chase & Co. was third, topping $400 billion.

Credit Suisse Group AG, Bank of America Merrill Lynch and Barclays PLC all cleared $300 billion.

Rothschild & Co., Goldman and JP Morgan were the top three firms by deal count.

To contact the reporter on this story: Rob Tricchinelli in Washington at rtricchinelli@bna.com

To contact the editor responsible for this story: Phyllis Diamond at pdiamond@bna.com

For More Information

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

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