BMO Capital Markets was the top financial adviser for mergers and acquisitions (M&A) deals in the global metals and mining sector by deal value and volume in the first half (H1) of 2020, according to GlobalData.
The investment banking firm advised on 12 deals worth $4.4bn.
JP Morgan stood at second position by value as well as volume with six deals worth $2.9bn, followed by The Bank of Nova Scotia with six deals worth S$2.7bn.
GlobalData has published a top ten league table of financial advisers ranked according to the value of announced M&A deals globally. If the value remains the same for multiple advisers, deal volume is given weightage.
BMO Capital Markets, which topped the metals and mining deals league table, did not appear in the GlobalData’s global league table of top 20 M&A financial advisers for H1 2020.
GlobalData financial deals analyst Aurojyoti Bose said: “BMO Capital Markets was the only adviser to showcase double-digit deal volume. The firm also managed to advise on eight $100m+ deals including one billion-dollar deal worth greater than or equal to $1bn, which helped the firm secure top position.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe metals and mining sector saw a decrease in deal value in H1 2020 when compared with H1 2019. The overall deal value declined by 36.8% from $29.7bn in H1 2019 to $18.8bn in H1 2020. Deal volume increased by 6.5% from 690 to 735.
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.