Lagos — GlobalData has announced the latest updates to its Financial and Legal Adviser League Tables, which rank advisers in these categories by the total value and volume of merger and acquisition (M&A) deals they advised on in Q1 2022. See the rankings and findings below.
Financial Advisers
RBC Capital Markets was the top M&A financial adviser in the oil & gas sector for Q1 2022, finds GlobalData
RBC Capital Markets has been named the top M&A financial adviser by both value and volume in the oil & gas sector in Q1 2022, according to the latest Financial Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that RBC Capital Markets achieved the top ranking by advising on seven M&A deals worth $11.9 billion.
According to GlobalData’s report, ‘Global and Oil & Gas M&A Report Financial Adviser League Tables Q1 2022’, a total of 377 M&A deals worth $58.5 billion were announced in the sector during Q1 2022.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “While all of the advisors reported single-digit deal volume during Q1 2022, RBC Capital Markets was the only adviser in terms of value that managed to surpass the $10 billion mark. Of the seven deals advised by the firm, two were billion-dollar deals* that also included one deal valued at more than $5 billion.”
An analysis of GlobalData’s Financial Deals Database reveals other high rankers by value included Citi, with deals worth $9.4 billion; Bank of America, with $8.1 billion; Centerview Partners, with $8.1 billion; and Barclays, with $6.4 billion. By volume, JP Morgan occupied the second position, with five deals; followed by Citi, with four deals; Barclays, with four deals and Jefferies with four deals.
*Valued more than or equal to $1 billion.
Legal Advisers
Latham & Watkins was the top M&A legal adviser by value and volume in the oil & gas sector for Q1 2022, finds GlobalData
Latham & Watkins has been named the top M&A legal adviser by both value and volume in the oil & gas sector in Q1 2022, according to the latest Legal Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that Latham & Watkins achieved the top ranking by advising on 12 deals worth $14 billion.
According to GlobalData’s report, ‘Global and Oil & Gas M&A Report Legal Adviser League Tables Q1 2022’, a total of 377 M&A deals worth $58.5 billion were announced in the sector during Q1 2022.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Latham & Watkins was among the very few advisers that managed to register double-digit deal volume, while also surpassing the $10 billion mark in total deal value. Although Latham & Watkins went ahead to top the chart, it faced close competition from Vinson & Elkins as it also advised on the same number of deals. However, Vinson & Elkins lagged by around $2.5 billion in value and ended up occupying the second position by both value and volume.”
An analysis of GlobalData’s Financial Deals Database reveals other high rankers by value included Gibson Dunn & Crutcher, with deals worth $10.9 billion; Kirkland & Ellis, with $10.8 billion; and Willkie Farr & Gallagher, with $8.2 billion. By volume, Kirkland & Ellis occupied the third position, with 10 deals; followed by Gibson Dunn & Crutcher, with five deals; and White & Case with four deals.
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