|BEST BANK: Privedna Banka Zagreb
BEST DEBT HOUSE: HVB/UniCredit
BEST M&A HOUSE: Merrill Lynch
HVB/UniCredit has shown the greatest consistency across the debt markets and so takes the award. The bank has been second in bond league tables with a market share of 28%, having taken part in four of the six deals, and also second in the loan markets with a 18% market share. Again here it was a mandated arranger in four of the country’s six loans.
Merrill Lynch is awarded the best M&A house in Croatia award for advising on GlaxoSmithKline’s pending acquisition, agreed in February 2006, of Croatian pharmaceuticals company Pliva’s research company, Pliva-Istrazivacki Institut, for $50 million plus a $15 million earnout component.