Allen & Overy has emerged as the leading legal adviser for mergers and acquisitions (M&A) in the Middle East & African region, both in terms of deal value and volume, in the first three quarters of 2024, according to the latest financial advisers league table by GlobalData.
Allen & Overy’s lead position in the league table was secured by advising on nine deals, amounting to a total of $9.7bn.
GlobalData lead analyst Aurojyoti Bose said: “Allen & Overy was the top adviser by value during Q1-Q3 2023 and managed to retain its leadership position by this metric during Q1-Q3 2023 as well.
“Interestingly, despite experiencing a year-on-year fall in the total value of deals advised by it during Q1-Q3 2024, Allen & Overy outpaced its peers by a significant margin in terms of value. Meanwhile, its ranking by volume improved from second position during Q1-Q3 2023 to the top position during Q1-Q3 2024.”
Bernitsas Law, Latham & Watkins, and Simmons & Simmons shared the second spot in the value category, each advising on deals worth $3.4bn. Linklaters followed with advisory on deals totalling $2.3bn.
In terms of deal volume, White & Case took the second position with nine deals, matching Allen & Overy’s number but with a lower deal value.
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 GlobalDataWebber Wentzel and ENSafrica tied with six deals each, while Naschitz Brandes Amir followed with four deals.
GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory company websites and other reliable sources available in 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 of the data, the company also seeks deal submissions from leading advisers.
………………….
PR/Image