M&A advisers flock to Europe

This year's splurge of big M&A deals have upped the pace in the race to be Europe's top M&A adviser.

M&A: Europe plays the takeover game

KKR targets Europe

When two’s a crowd can three succeed?

Top 10 European M&A advisers
Mergers announced during 1998
No. of deals Value ($bn)
Morgan Stanley

138

302

Goldman Sachs

111

258

JP Morgan

107

156

Merrill Lynch

86

153

Credit Suisse First Boston

132

152

Salomon Smith Barney

82

99

Deutsche Bank

87

90

NM Rothschild

95

85

Warburg Dillon Read

143

85

Lazard

133

83

Source: IFR Securities Data

Investment banks had a torrid time in 1998 owing to their trading activities in volatile capital markets. The focus of their ambition in 1999 is clear: international consolidation in many industrial sectors spells a bonanza in advisory fees.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access