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Top M&A financial advisers in MEA for 2020

Morgan Stanley and Rothschild & Co were top M&A financial advisers

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Top M&A financial advisers in MEA for 2020

Morgan Stanley and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the Middle East & Africa (MEA) region for 2020 by value and volume. Morgan Stanley advised on four deals worth $25.6bn, which was the highest value among all the advisers. Meanwhile, Rothschild & Co led in volume terms having advised on ten deals worth $6.9bn. A total of 954 M&A deals were announced in the MEA during 2020, marking a 12.6% decrease over the 1,092 deals announced in 2019, according to GlobalData, a leading data and analytics company.

According to GlobalData’s report, ‘Global and the Middle East & Africa M&A Report Financial Adviser League Tables 2020’, deal value decreased by 53.7% from $177bn in 2019 to $82bn in 2020.

Aurojyoti Bose, a Lead Analyst at GlobalData, comments: “Morgan Stanley managed to advise on two mega-deals valued more than or equal to $10bn amid the COVID-19-induced market conditions and was the sole adviser to surpass US$20bn marks.

“Rothschild & Co was among the only two firms (the other firm being PwC) that managed to advise on the double-digit number of deals. Moreover, it managed to advise on three billion-dollar deals (deals valued more than or equal to $1bn) and also held the eighth rank by value.”

Financial Advisers league table by value
Financial Advisers league table by value

JP Morgan occupied the second position in GlobalData’s ranking of financial advisers for M&As in MEA by value with six deals worth a total US$18.7bn, followed by Moelis & Co with four deals worth $14.9bn and Bank of America with five deals worth $12.4bn.

PwC occupied the second position by volume with ten deals worth $818m, followed by Citi with seven deals worth $8.2bn.

Financial Advisers League table by volume
Financial Advisers League table by volume

 

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