LONDON—Brunswick Group remains the clear market leader in European mergers and acquisitions public relations by value, while FD is the leader in terms of volume of deals worked, according to the mergermarket league table for the third quarter.
Finsbury Group has overtaken FD to rank second on the value table for the year to date, up one position from the year end 2006. The firm has advised on 67 deals worth a total of €172 billion and acted as PR counsel on the largest deal of the year so far; RBS, Fortis and Santander’s bid for ABN AMRO. The deal was also advised on by FD, which came in third on the value ranking. Abernathy MacGregor and Llorente y Cuenca, both part of the AMO network, round out the top five.
FD is tops in terms of volume of deals, with 194, 50 ahead of Brunswick, which is followed by Mailtand, Citigate and Finsbury.
Brunswick also leads the U.K. league table in terms of value, ahead of Finsbury, FD, Abernathy MacGregor and the Italian-based Twister. FD leads in terms of volume, beating out Brunswick, Maitland, Finsbury and College Hill.
In Germany, Hering Schuppener leads in terms of volume and value of deals. FD and Finsbury were second and third in the value rankings, while FD and Brunswick were in the top three in volume. In France, Euro RSCG C&O was first in value, followed by Brunswick and M: Communications; Brunswick was number one in volume, ahead of FD and M. In Italy, Brunswick topped the value ranking and Barabino & Partners was number on in volume.
European deal activity, despite a slow quarter, is up 31 percent by value compared to the same period last year, standing at €902 billion at 30 September 2007. Meanwhile the total value of global M&A has reached $3,028 billion, an increase of 35 percent compared to the end of the third quarter in 2006.
The Benelux region continues to dominate by value (24.7 percent), while the U.K. and Ireland continues to be the most active region, accounting for 25.8 percent of total deal volume. The industrials and chemicals sector remains the most active sector for M&A in Europe accounting for 19 percent of deals in the quarter.