The world’s deal-makers have never had it so good. In 1985 they did more deals than ever before. What’s more, they almost doubled the number of $1 billion deals they’d done in 1984.
The biggest deals were done in the US. And biggest of all was the Anglo-Dutch Royal Dutch/Shell Group’s buy-out of the minority shareholders in its US subsidiary Shell Oil. Morgan Stanley advised Royal Dutch on that deal, which was worth $5.4 billion.
There were four other $4-billion-plus deals, all between US corporations.
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