DAILY DEALS INSIGHT. $17 billion âMerger Mondayâ brings WW M&A to $609.2 billion; Morgan Stanley narrowly leads
DAILY DEALS INSIGHT $17 billion “Merger Monday” brings WW M&A to $609.2 billion; Morgan Stanley narrowly leads advisory race FAST FACTS
2012 Worldwide Announced M&A Based on Target Industry Sector
• With $17.1 billion in announced M&A deals today, the volume of worldwide mergers totals $609.2 billion so far this year, marking a 31.5% decrease over year-to-date 2011. Materials, Energy & Power and Financials M&A accounts for 46% of YTD activity. • Nestle’s $11.9 billion acquisition of Pfizer Nutrition brings overall consumer staples M&A to $44.4 billion so far this year, a decline of 7.7% compared to year-to-date 2011. AstraZeneca PLC’s $1.1 billion offer for Ardea Biosciences pushed biotech M&A up 38% over last year at this time, as overall healthcare registers a 37% decline over year-to-date 2011.
Top Worldwide Announced M&A Deals – 2012
* through April 23
DAILY DEALS INSIGHT Morgan Stanley & Rothschild lead today’s M&A activity with two deals apiece Worldwide Announced M&A Financial Advisors
LEAGUE TABLES
• Morgan Stanley, advising Pfizer Nutrition and Thomson Reuters on the sale of its healthcare business to Veritas Capital for $1.25 billion has narrowly regained the top spot for worldwide M&A, ahead of Goldman Sachs. Rothschild, which advised Nestle SA as well as Cable & Wireless Worldwide in its $1.7 billion sale to Vodafone moved into 11 th place for year-to-date WW M&A. • Deutsche Bank, an advisor to Nestle, has moved to third place from 11th place during year-to-date 2011, while Credit Suisse, an advisor to Nestle SA on 14 M&A transactions since 2000, including the sale of its Alcon unit to Novartis in 2008 and the acquisition of Gerber Products in 2006 and Novartis Medical Nutrition in 2007, has yet to claim an advisory role for today’s purchase, which ranked as Nestle’s largest. (Credit Suisse may still claim credit in the coming days) * through April 23
