MALLESONS Stephen Jaques has topped the merger and acquisition Australian leagues tables in terms of deal value, according to the latest figures, released today.
The firm completed US$24,412 million in deals in the first three quarters of this year, from January to September, the Mergermarket legal advisers table shows.
Mallesons had worked on Chinalco's proposed investment in Rio Tinto, Lion Nathan's acquisition by Kirin Holdings, Hunan Valin's acquisition of a stake in Fortescue Metals, and Blackrock's acquisition of Barclay Investment Group.
Meanwhile, Freehills did the most deals, at 36 deals, worth US$12,847 million. Blake Dawson followed close behind, with 31 deals worth US$12,020 million. While Freehills did a large number of deals, it was ranked fifth in terms of deal value.
UK firm Linklaters found its way into the Australasian M&A deals with just seven deals, worth a massive US$23,600 million, following closely behind Mallesons.
Allens Arthur Robinson, which last year topped the tables in terms of value of deals, did 14 deals worth US$19,649 million.
Johnson Winter & Slattery was this year's surprise entry, at fourth place in terms of deal value, up from 12th place last year. The firm did just three deals, with a deal value of US$13,591 in total.
US firms did very well in this year's global tables. They were propelled by their roles advising US companies on the spate of deal-making activity in the healthcare and technology sectors, said mergermarket.
Mergermarket says global deal values and volumes are down by 47 per cent and 39 per cent respectively compared to the same period last year.
They are at their lowest levels since 2003 but, it says in the report, "the worst seems to be over". Global activity now stands at 6,294 announced transactions, valued at US$1,049.2 billion.