GlobalData has released its latest Legal and Financial Adviser League Tables, in terms of total value and volume of merger and acquisition (M&A) deals that were advised on in the metals & mining sector in 2022.
Paul, Weiss, Rifkind, Wharton & Garrison and Fasken Martineau DuMoulin were the top M&A legal advisers in the metals & mining sector for 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData.
GlobalData’s Financial Deals Database showed that Paul, Weiss, Rifkind, Wharton & Garrison achieved its leading position in terms of value by advising on $10 billion worth of deals.
Meanwhile, Fasken Martineau DuMoulin led by volume by advising on a total of 15 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, said: “Paul, Weiss, Rifkind, Wharton & Garrison, despite advising on only two deals, was the only adviser to touch the $10 billion mark in total value.
“Interestingly, Fasken Martineau DuMoulin, which occupied the top spot by volume, also managed to occupy the second spot by value.”
An analysis of GlobalData’s Financial Deals Database reveals that Cassels Brock & Blackwell occupied the third position in terms of value, by advising on $8.4 billion worth of deals, followed by Linklaters with $6.7 billion, and Webber Wentzel with $6.7 billion.
Meanwhile, Blake Cassels & Graydon occupied the second position in terms of volume with 11 deals, followed by Cassels Brock & Blackwell with 10 deals, Dorsey & Whitney with five deals, and McCarthy Tetrault with four deals.
Bank of America and BMO Capital Markets were the top M&A financial advisers in metals & mining sector in 2022 by value and volume, respectively, according to the latest financial advisers league table by GlobalData.
Based on the Financial Deals Database, Bank of America achieved its leading position in terms of value by advising on $7.8 billion worth of deals.
Meanwhile, BMO Capital Markets led in volume terms by advising on a total of eight deals.
Aurojyoti Bose, Lead Analyst at GlobalData, said: “BMO Capital Markets registered a decline in the number of deals advised in 2022 compared to the previous year but still managed to retain its leadership position by volume.
“It also occupied the fifth position by value.
“Meanwhile, Bank of America, despite advising on relatively much lesser number of deals compared to BMO Capital Markets, occupied the top position by value.
“The average size of deals advised by Bank of America was $3.9 billion, which is significantly high compared to BMO Capital Markets’ average deal size of $616 million.”
An analysis of GlobalData’s Financial Deals Database revealed that Canaccord Genuity Group occupied the second position in terms of value, by advising on $7.2 billion worth of deals, followed by Stifel/KBW with $7 billion, Bank of Nova Scotia with $6.9 billion and BMO Capital Markets with $4.9 billion.
Canaccord Genuity Group also occupied the second position in terms of volume with seven deals, followed by Stifel/KBW with six deals, Rothschild & Co with five deals and RBC Capital Markets with four deals.
All dollar amounts are in USD.
