GlobalData, a leading data and analytics company, has revealed its global league tables for top 10 financial advisers in metals and mining sector by value and volume for Q1–Q3 2020 in its report, ‘‘Global and Metals & Mining M&A Report Financial Adviser League Tables Q1-Q3 2020’
According to GlobalData’s M&A report, a total of 1,233 M&A deals were announced in the metals and mining sector during the period. There was a 24.2% increase over the 993 deals announced during Q1–Q3 2019. However, deal value decreased by 40.1% from $46bn in Q1–Q3 2019 to $27bn in Q1–Q3 2020.
BMO Capital Markets tops by value
As per GlobalData’s ranking, BMO Capital Markets took the top spot in terms of deal value by advising on 12 deals worth $4bn.
The Bank of Nova Scotia secured the second position by value with six deals worth $2.7bn, followed by National Bank of Canada with three deals worth $2.5bn and JP Morgan with six deals worth $2.3bn.
GlobalData financial deals analyst Aurojyoti Bose said: “Of the top 10 advisors by value, BMO Capital Markets was the only adviser to have double-digit deal volume. The firm’s involvement in big-ticket deals also helped it to outpace its peers by a great margin in value terms. The firm was involved in seven $100m+ deals.”
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 GlobalDataBMO Capital Markets leads by volume
BMO Capital Markets led too in terms of volume. Canaccord Genuity Group occupied the second position by volume with 11 deals worth $0.7bn, followed by RBC Capital Markets with seven deals worth $1.2bn.
Bose further added: “Mining has remained a key sector for Canada’s economy and it is no surprise that the top three advisers by value and volume are also Canadian firms.”
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.