M&A top 10 legal advisers for construction sector by total deals value, USD (bn) FY2018 (Figure: GlobalData Financial Deals Database)
Morgan Stanley beat its fellow counterparts JP Morgan, Bank of America Merrill Lynch and Citi to lead the table with 24 deals worth $129.1bn, including the sector’s highest value deal–the $40.44bn investment by ACS, Hochtief and Atlantia in Abertis Infraestructuras.
According to GlobalData, which tracks all merger and acquisition, private equity/venture capital and asset transaction activity around the world to compile the league table, JP Morgan occupied second position with 34 transactions worth $124.5bn, followed by Bank of America Merrill Lynch with 19 transactions worth $123.4bn.
Ravi Tokala, Financial Deals Analyst at GlobalData, said: “With a large number of big-ticket deals, five financial advisers crossed the $100bn mark in 2018. The sector witnessed ~50 deals with more than $1bn value, which resulted in over 25% jump in the year-on-year overall deal value in 2018.”
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