GlobalData, a leading data and analytics company, has revealed its league tables for top 10 financial advisers by value and volume in metals & mining sector for Q1 2021 in its report, ‘Global and Metal & Mining M&A Report Legal Adviser League tables Q1 2021’.

According to GlobalData’s M&A report, a total of 374 mergers and acquisitions (M&A) deals were announced in the sector during Q1 2021, while deal value for the sector increased by 8.3% from $12bn in Q1 2020 to $13bn in Q1 2021.

Top Advisers by Value and Volume

Noerr and Stikeman Elliott were the top mergers and acquisitions (M&A) financial/legal advisers in metals & mining sector for Q1 2021 by value and volume, respectively.

Noerr advised on two deals valued at $1.7bn, which was the highest value among all the advisers.

Meanwhile, Stikeman Elliott led the chart in terms of volume. It advised on six deals worth $969m.

GlobalData lead analyst Aurojyoti Bose said: “In terms of deal volume, Stikeman Elliott emerged as the top advisor but lost the top position by value and had to settle for the fourth position in terms of value due involvement in relatively low value transactions.

“Meanwhile, Noerr advised on fewer number of deals relatively but managed to top the list by value due to involvement in a billion-dollar deal.”

Paul Weiss Rifkind Wharton & Garrison and Clifford Chance jointly occupied the second position in terms of value with one deal each worth $1.7bn followed by Stikeman Elliott.

Cassels Brock & Blackwell took the second position by volume with five deals worth $343m. It was followed by Davies Ward Phillips & Vineberg with three deals worth $624m. Noerr got the fourth position by volume.

GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.

To ensure further robustness to the data, the company also seeks submissions from leading advisers, through adviser submission forms on GlobalData’s website.