Merger Market Financial Advisor League Table q 12013

Mergermarket Q1 2013 MampA Report

Deal Submissions

EMEA Nancy Costantinopoli NancyCostantinopolimergermarketcom Tel +44 201 010 6227

Americas Richard Myers RichardMyersmergermarketcom Tel +1 212 500 1393

Asia-Pacfic Fidelia Liu FideliaLiumergermarketcom Tel +852 2158 9723

Press Contacts

EMEA Flora Wilke FloraWilkemergermarketcom Tel +44 207 010 6348

Americas Chrissy Carney ChrissyCarneymergermarketcom Tel +1 646 378 3118

Asia-Pacfic Jessica Chan JessicaChanmergermarketcom Tel +852 2158 9706

Financial Advisor League Tables

Mergermarket Q1 2013 Report 1 wwwmergermarketcom

April 2013

Contents and SummaryGlobal Highlights bull A total of 2547 deals worth US$ 4059bn was 103 behind the same period last year bull JPMorgan (US$ 1242bn) leads the financial advisor tables after working on all four mega-deals

Spotlight

bull Februaryrsquos flurry of mega-deals this year brings 2013 up to four mega-deals valued at US$ 877bn compared to US$ 707bn (three deals) last year This was the highest Q1 value for mega-deals in a first quarter since Q1 2010 which was valued at US$ 1163bn (seven deals)

bull Every year that has experienced 5+ mega-deals in the first two months has ended with an increased deal value and volume compared to the previous year with the exception of the boom year in 2007

bull Dellrsquos buyout announcement has become one of four deals announced this year to enter into a go-shop period according to Dealreporter

Fortune Fortnight

Advisors bull JPMorgan came top of the global financial advisor league

table with deals valued at US$ 1242bn The firm also led the US financial advisor table by deal value

bull The last time JPMorgan led in an annual financial advisor table was in 2008 and by quarter it was Q1 2011

bull Lazard (US$ 701bn) goes from strength to strength as it crossed over into the top five global financial advisors - in fourth position from thirteenth in Q1 2012 (US$ 302bn)

bull The last quarter that Lazard was in the top five for the global financial advisor league table by deal value was in Q1 2011 - in fourth place with 35 deals worth US$ 1026bn

bull Morgan Stanley was the most active in the global financial advisor league table by deal count having worked on 56 deals

3-7

8-18

29-36

bull Q1 (US$ 1161bn) attempts to haul itself towards levels seen in the same period in 2012 but drops by 282 from US$ 1617bn bull Goldman Sachs leads the way in the league tables once again with 25 deals worth US$ 565bn

US bull The US sets the bar high for 2013 with deals valued at US$ 167bn surpassing the Q1 2012 value bull JPMorgan (US$ 987bn) leads the advisor league tables by value and deal count (28 deals)

Asia-Pacific (excl Japan) bull Inbound deals in Q1 worth US$ 111bn outstripped Q1 2012 (US$ 95bn) bull Morgan Stanley leads (US$ 79bn) in the advisor tables by deal value

Japan bull Deal values canrsquot keep up with Japanrsquos record H2 2012 with deals worth US$ 81bn in Q1 mostly from domestic deals bull Morgan Stanley beats Japanese advisors with deals valued at US$ 5bn

Emerging Markets bull Outbound deal values increased but aggregate deal value (US$ 882bn) is down to a level not seen in four years for a Q1

Private Equity bull US buyout values contributed 696 to total buyout MampA - a level never before seen on Mergermarket record bull Exits worth US$ 328bn in Q1 2013 were down compared to both Q1 and Q4 2012

19-28

37-40

44-45

46-48

Criteria 50

Deal Value and Mid-Market bull Q1 2013 is the fourth quarter in a row to have an average deal size above US$ 300m bull The US mid-market quarterly value in Q1 2013 moves ahead of Europe for the fifth consecutive quarter

49

41-43Africa amp Middle East bull One of two areas in this report to see deal values exceed Q1 2012 with deals valued at US$ 185bn bull EFG-Hermes Holding jumps from eleventh to first position in the advisor league table with deals valued at US$ 64bn

What can Mergermarket do for you 51

Europe


36661

24075

17104

20901

22453 22515

110

01

732

8

457

4

568

6 709

2

464

0

737

1

8092 5899

4192 4591

6130

4523 4059

0

500

1000

1500

2000

2500

3000

3500

4000

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)

Annual Q4 Previous Year Q1

Global Overview for Q1 2013 bull A fortnight of mega-deals failed to push Q1 2013 ahead of Q1 2012 down 103 on the same period last year

bull JPMorgan leads the global league table by deal value with US$ 1242bn-worth of deals including four of the top ten deals

0

500

1000

1500

2000

2500

3000

3500

4000

4500

0

200

400

600

800

1000

1200

1400

1600

1800

Valu

e of

Dea

ls (U

S$bn

)

European MampA US MampA Asia-Pacific (excl Japan MampA) RoW MampA Number of Deals

Num

ber o

f Dea

ls

Global Q1 2013 Trend Comparison Quarterly MampA Trend Breakdown

bull 2013 began with Q1 deal value (US$ 4059bn 2547 deals) 103 down on the corresponding period in 2012 (US$ 4523bn 3264 deals) It was the slowest opening quarter in ten years (Q1 2003 US$ 2329bn)

bull After the highest quarterly value in five years (Q4 2012 US$ 7371bn 3559 deals) Q1 2013 saw a decrease in total MampA value of 449 It is the seventh year in a row to see lower totals in Q1 than in the preceding Q4

bull The year has already seen four mega-deals adding up to US$ 877bn Last yearrsquos mega-deals in the same period totalled US$ 707bn

bull Only the US and Africa amp Middle East saw higher totals in Q1 2013 than in the same period in 2012 with increases in deal value of 336 and 1014 respectively


Global Industry amp Geography analysis for Q1 2013

51 68

356

101

136

65

43

61

97

23

34

146

210

98 97

41

33

32

257

52

Business Services US$ 138bn (US$ 23bn)

Consumer US$ 592bn (US$ 308bn)

Energy Mining amp Utilities US$ 853bn (US$ 1611bn)

Financial Services US$ 396bn (US$ 457bn)

Industrials amp Chemicals US$ 395bn (US$ 613bn)

Other US$ 165bn (US$ 293bn)

Pharma Medical amp Biotech US$ 134bn (US$ 195bn)

Real Estate US$ 129bn (US$ 274bn)

TMT US$ 1042bn (US$ 439bn)

Transport US$ 212bn (US$ 103bn)

0

500

1000

1500

2000

2500

3000

3500

4000

4500

0

200

400

600

800

1000

1200

1400

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Global Cross Border - value (US$bn) Global MampA - value (US$bn) Global Cross Border - volume Global MampA - volume

Q1 2013 vs (Q1 2012) Value and Market Share Percentage Comparison Q1 2013 Geography and Cross-Border Focus

bull After TMT (bias due to the mega-deals) energy mining amp utilities was the second largest sector by market share at 21 with US$ 853bn-worth of deals This activity is boosted by a search for gas supplies which is visible in three of the top ten global deals with a combined value of US$ 126bn

bull Countries including China are likely competitors for overseas acquisitions of new shale gas export projects in North America Chinese acquisitions of US targets in the energy mining and utilities sector hit their highest aggregate value on Mergermarket record in 2012 (US$ 39bn)

bull Global energy demand permeates into other sectors such as transport where rail and shipping companies are being acquired to filter into price competitive geographies and avoid pipeline constraints The transport sector increased 1058 in deal value (US$ 212bn from US$ 103bn) with US$ 65bn deriving from the US

bull Despite only one cross-border mega-deal cross-border deals accounted for an increased proportion of global MampA compared to Q4 2012 In Q1 cross-border deals valued at US$ 1424bn (893 deals) contributed 351 to the global total up from 281 in Q4 (US$ 2709bn from 1216 cross-border deals)

bull The number of cross-border deals in Q1 was down 223 compared to the same period in 2012 (1149 deals) although value was down just 4 (from US$ 1483bn)

bull Four of the top ten global deals involved cross-border acquisitions but the rest were mostly US domestic deals which accounts for North America having a 465 market share by deal value in global MampA

Global Cross-Border MampA


Global Top Deals in Q1 2013

Announced Date

Bidder Company Bidder Financial Advisor

Target Company TargetSeller Financial Advisor

Seller Company Deal Value

(US$m)

14-Feb-13 Berkshire Hathaway Inc and 3G Capital Partners

JPMorgan Lazard Wells Fargo Securities

HJ Heinz Company Bank of America Merrill Lynch Centerview Partners

Moelis amp Company

27362

06-Feb-13 Liberty Global Inc Credit Suisse LionTree Advisors

Virgin Media Inc Goldman Sachs JPMorgan 21855

05-Feb-13 Silver Lake Partners LP and Michael Dell (private

investor)

Bank of America Merrill Lynch Barclays Citi

Credit Suisse Deutsche Bank RBC Capital

Markets

Dell Inc Evercore Partners Goldman Sachs JPMorgan Lazard

21775

12-Feb-13 Comcast Corporation Bank of America Merrill Lynch Morgan Stanley

NBCUniversal Media LLC (49 Stake)

Advising seller Centerview Partners

JPMorgan

General Electric Company

16700

26-Feb-13 Royal Dutch Shell Plc Repsol SA (LNG Assets) Advising seller Goldman Sachs

Repsol SA 6700

31-Mar-13 Altimo EFG-Hermes Holding Orascom Telecom Holding SAE

VimpelCom Ltd 6403

14-Feb-13 AMR Corporation Lazard Mesirow Financial Holdings Moelis amp Company

Rothschild

US Airways Group Inc Barclays Millstein amp Co 4905

30-Jan-13 Kinder Morgan Energy Partners LP

Citi Copano Energy LLC Barclays Jefferies amp Company

4270

14-Mar-13 China National Petroleum Corporation

Eni East Africa Spa (2857 Stake)

Eni SpA 4210

21-Feb-13 LINN Energy LLC Citi Evercore Partners Greenhill amp Co

Berry Petroleum Company

Credit Suisse 4093


Global Financial Advisor League Table Q1 2013League Table of Financial Advisors to Global MampA Volume

Ranking Q1 2013 Q1 2012Q1

2012Q1

2013 Company NameValue

(US$m)Deal

CountDeal

CountCount

Change3 1 Morgan Stanley 57354 56 62 -62 2 Goldman Sachs 103543 54 66 -126 3 JPMorgan 124158 46 52 -61 4 PwC 3515 46 76 -307 5 Rothschild 19014 38 52 -148 6 Lazard 70109 36 48 -1213 7 Barclays 55195 36 37 -114 8 Citi 52376 36 36 05 9 KPMG 2767 34 54 -204 10 Deloitte 1631 32 55 -2312 11 Credit Suisse 68868 30 38 -811 12 Bank of America Merrill Lynch 90276 29 39 -1019 13 MampA International 76 28 30 -216 14 UBS Investment Bank 16323 25 34 -99 15 Deutsche Bank 41025 24 45 -2118 16 Nomura Holdings 7387 24 31 -710 17 Ernst amp Young 1375 23 45 -2223 18 Evercore Partners 37323 21 21 021 19 StifelKBW 1806 21 23 -215 20 RBC Capital Markets 24966 17 35 -18

League Table of Financial Advisors to Global MampA ValueRanking Q1 2013 Q1 2012

Q1 2012

Q1 2013 Company Name

Value (US$m)

Deal Count

Value (US$m)

Val Change

2 1 JPMorgan 124158 46 116569 651 2 Goldman Sachs 103543 54 121088 -1459 3 Bank of America Merrill Lynch 90276 29 63084 43113 4 Lazard 70109 36 30203 13217 5 Credit Suisse 68868 30 94634 -2726 6 Morgan Stanley 57354 56 97408 -4113 7 Barclays 55195 36 112980 -5115 8 Citi 52376 36 102450 -48937 9 Centerview Partners 48079 4 6577 6314 10 Deutsche Bank 41025 24 105100 -6115 11 Evercore Partners 37323 21 15963 133822 12 Moelis amp Company 35921 15 11178 221443 13 Wells Fargo Securities 31807 8 5472 4813- 14 LionTree Advisors 25189 3 - -

12 15 RBC Capital Markets 24966 17 30464 -1811 16 Rothschild 19014 38 31801 -40214 17 UBS Investment Bank 16323 25 16929 -3621 18 HSBC 10791 14 11574 -6836 19 Greenhill amp Co 10007 6 6734 48618 20 Jefferies amp Company 9748 13 12898 -244


Global Financial Advisor League Table Q1 2013League Table of Financial Advisors to Global Buyouts Volume


2012Q1


(US$m)Deal

CountDeal

Count Count Change24 1 KPMG 1602 6 2 48 2 Ernst amp Young 192 6 4 221 3 Lazard 32406 5 2 318 4 Barclays 26372 5 2 35 5 Deutsche Bank 23676 5 4 1

2 6 Deloitte 124 5 6 -1

3 7 Citi 23148 3 5 -223 8 Credit Suisse 23074 3 2 115 9 Morgan Stanley 2537 3 3 01 10 PwC 1454 3 11 -811 11 Nomura Holdings 1443 3 3 013 12 HSBC 820 3 3 06 13 Goldman Sachs 601 3 4 -137 14 Bank of America Merrill Lynch 21997 2 1 1- 15 Handelsbanken Capital

Markets3289 2 - -

- 16 BNP Paribas 863 2 - -16 17 Lincoln International 52 2 3 -1- 18 Hottinguer Corporate Finance 24 2 - -

27 19 BDO 14 2 2 0- 20= Accuracy - 2 - -

75 20= Altium Capital - 2 1 112 20= UBS Investment Bank - 2 3 -1

League Table of Financial Advisors to Global Buyouts ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

33 1 Lazard 32406 5 319 100593 2= JPMorgan 27362 1 8617 21819 2= Wells Fargo Securities 27362 1 1359 191315 4 Barclays 26372 5 2398 99971 5 Deutsche Bank 23676 5 13071 8112 6 Citi 23148 3 11107 108440 7 Credit Suisse 23074 3 167 1371724 8 Bank of America Merrill Lynch 21997 2 595 35974 9 RBC Capital Markets 21775 1 7926 1747- 10 Handelsbanken Capital Markets 3289 2 - -- 11 Nordea Corporate Finance 3109 1 - -

18 12 Morgan Stanley 2537 3 1360 86550 13 KPMG 1602 6 106 1411- 14 Eidos Partners 1488 1 - -

16 15 PwC 1454 3 2240 -35111 16 Nomura Holdings 1443 3 3497 -58721 17 SEB 1218 1 708 7251 18 Macquarie Group 1027 1 100 927- 19 BNP Paribas 863 2 - -

14 20 HSBC 820 3 2639 -689

Based on the target geography only and the adviser advising the buy-side only


bull Deal value in Q1 (US$ 1161bn 1017 deals) struggled to beat Q4 (US$ 2346bn 1369 deals) down 505

bull Goldman Sachs was lead advisor in the European league table by deal value with deals worth US$ 565bn

0

200

400

600

800

1000

1200

1400

1600

1800

2000

0

100

200

300

400

500

600

700

Num

ber o

f Dea

ls

Val

ue o

f Dea

ls (U

S$b

n)

Value (US$bn)

Number of Deals

Europe Q1 2013 Trend Comparison Quarterly MampA Trend Breakdown

bull European MampA in Q1 2013 saw 1017 deals worth US$ 1161bn a drop of 282 in value from the same period last year (US$ 1617bn 1355 deals)

bull Despite the eurozone crisisrsquo negative impact on MampA activity Q1 2013 recorded 13 deals over US$ 2bn worth a combined value of US$ 575bn driving up Europersquos share of global MampA activity to 286 To compare in Q1 2012 there were also 13 deals over US$ 2bn although overall value (US$ 906bn) was distorted by the Xstrata mega-deal

bull Of these 13 deals only Liberty Globalrsquos US$ 219bn acquisition of Virgin Media topped US$10bn the next biggest deal being Italyrsquos US$ 4bn merger between Atlantia and Gemina

15190

10055

4667

6414

7258 6935

396

8

286

3

217

1

187

9 244

0

134

4

234

6

2649 2952

1216 1275 1839 1617

1161

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)


Europe Overview for Q1 2013


Europe Industry amp Geography analysis for Q1 2013

22

59

428

110

105

107

24

98

46

43 62

184

151

54 136

47

253

70










0

50

100

150

200

250

300

0

25

50

75

100

125

150

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Inbound Value (US$bn) Outbound Value (US$bn) Inbound Volume Outbound Volume

Q1 2013 Geography and Cross-Border Focus

bull As Morgan Stanley analysts cut eurozone growth rates for 2013 the area racks up just US$ 436bn-worth of deals putting Q1 on course to being the slowest performing quarter since Q2 2009 (US$ 373bn)

bull Italy sliding deeper into recession and with concern building about its political landscape since the election has been cushioned by Europersquos second largest deal the Atlantia-Germina merger (US$ 39bn)

bull Although inbound investment in Q1 (US$ 439bn 145 deals) was off to a better start than Q1 2012 (US$ 396bn 230 deals) outbound investment failed to keep up A total of US$ 183bn was spent on 150 outbound deals making it 271 lower in value than Q1 2012 (US$ 251bn 188 deals) and the lowest quarter since Q4 2004 (US$ 156bn)

Quarterly Cross-Border European MampA

Q1 2013 vs (Q1 2012) Value and Market Share Percentage Comparison

bull All sectors witnessed a lower deal count in comparison to Q1 2012 although four sectors had increased deal values including business services at 429 and 385 in the pharma medical amp biotech sector

bull A dramatic nine-fold increase in total deal value in the media sector was driven by the mega-deal between Liberty Global and Virgin Media The deal also led to the sector accounting for a 242 share of the European market compared to only 18 of the market in Q1 2012

bull The real estate sector struggled with 64 fewer deals last quarter bringing down the total value by 89 from US$ 71bn in Q1 2012 to US$ 750m in Q1 2013


Europe Top Deals for Q1 2013

Announced Date




(US$m)


Virgin Media Inc Goldman Sachs JPMorgan

21855

08-Mar-13 Atlantia SpA Banca IMIIntesa Sanpaolo Deutsche

Bank Goldman Sachs Intermonte Securities Corporate Finance

Mediobanca Rothschild Royal Bank of Scotland

Group

Gemina SpA Barclays BNP Paribas Credit Suisse Leonardo amp Co UniCredit Group

3970

22-Feb-13 Private investors VTB Capital Polyus Gold International Ltd (3775 Stake)

JPMorgan Cazenove Advising seller Societe

Generale

Onexim Group 3616

27-Mar-13 VTB Bank OAO VTB Capital Tele2 Russia Telecom Advising seller Morgan Stanley

Tele2 AB 3550

15-Jan-13 Energeticky a Prumyslovy Holding as

JPMorgan Slovensky Plynarensky Priemysel AS (49

Stake)

Advising sellers Citi Deutsche Bank Morgan

Stanley

GDF Suez SA and EON Ruhrgas AG

3467

06-Feb-13 Biogen Idec Inc Centerview Partners Elan Corporation Plc (Tysabri assets)

Advising seller Citi Ondra Partners

Elan Corporation Plc 3249

11-Feb-13 Hakon Invest AB Handelsbanken Capital Markets Nordea

Corporate Finance

ICA AB (60 Stake) Advising seller Goldman Sachs PK

Partners

Royal Ahold NV 3109

01-Feb-13 Government of the Netherlands

Cushman amp Wakefield Healey amp Baker Morgan

Stanley

SNS Reaal NV Goldman Sachs JPMorgan

3001

19-Feb-13 ORIX Corporation Goldman Sachs Houlihan Lokey Morgan

Stanley

Robeco Groep NV (90 Stake)

Leonardo amp Co Advising seller Barclays

JPMorgan

Rabobank NV 2590

01-Feb-13 Group DF Limited UA Inter Media Group Limited

2500


Europe Financial Advisor League Table Q1 2013League Table of Financial Advisors to European MampA Volume


2012Q1


(US$m)Deal

CountDeal

CountCount

Change1 1 PwC 2476 35 51 -162 2 Rothschild 12270 32 41 -93 3 KPMG 1974 26 41 -156 4 Goldman Sachs 56480 25 31 -68 5 JPMorgan 47132 23 29 -67 6 Morgan Stanley 20919 22 30 -812 7 Barclays 14841 21 19 24 8 Deloitte 542 21 37 -1614 9 MampA International 26 19 19 05 10 Ernst amp Young 1100 17 36 -1917 11 DC Advisory 961 17 16 120 12 Citi 12696 14 12 228 13 BNP Paribas 8687 14 8 616 14 Credit Suisse 29232 13 16 -315 15 UBS Investment Bank 4239 12 17 -510 16 Deutsche Bank 14800 11 24 -1311 17 BDO - 11 21 -109 18 Lazard 8288 10 28 -1824 19 UniCredit Group 7142 10 11 -118 20 Lincoln International 152 10 13 -3

League Table of Financial Advisors to European MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

2 1 Goldman Sachs 56480 25 82108 -3123 2 JPMorgan 47132 23 76330 -3836 3 Credit Suisse 29232 13 65015 -55- 4 LionTree Advisors 22620 2 - -5 5 Morgan Stanley 20919 22 68893 -6961 6 Barclays 14841 21 85874 -8274 7 Deutsche Bank 14800 11 76079 -8057 8 Citi 12696 14 60121 -78912 9 Rothschild 12270 32 18518 -33710 10 Bank of America Merrill Lynch 9035 7 39514 -7719 11 BNP Paribas 8687 14 54501 -84111 12 Lazard 8288 10 22809 -63748 13 Banca IMIIntesa Sanpaolo 7592 4 1817 317847 14 UniCredit Group 7142 10 1872 281526 15 Leonardo amp Co 6588 8 5627 171- 16 EFG-Hermes Holding 6403 1 - -

57 17 ING 5379 7 1133 374881 18 VTB Capital 5320 2 460 105720 19 HSBC 4905 5 7274 -32639 20 Handelsbanken Capital Markets 4747 7 2713 75


Europe Financial Advisor League Table Q1 2013League Table of Financial Advisors to European Buyouts Volume


2012Q1


(US$m)Deal

CountDeal

CountCount

Change12 1 KPMG 1212 5 2 37 2 Ernst amp Young 192 5 3 21 3 PwC 1454 3 8 -52 4 Deloitte 23 3 5 -2- 5 Handelsbanken Capital Markets 3289 2 - -

30 6 Lazard 1488 2 1 1- 7 BNP Paribas 863 2 - -

20 8 Goldman Sachs 147 2 1 1- 9 Hottinguer Corporate Finance 24 2 - -- 10 Accuracy - 2 - -- 11 Nordea Corporate Finance 3109 1 - -8 12= Deutsche Bank 1488 1 2 -1- 12= Eidos Partners 1488 1 - -

28 14 Morgan Stanley 1352 1 1 022 15 SEB 1218 1 1 0

League Table of Financial Advisors to European Buyouts ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

- 1 Handelsbanken Capital Markets 3289 2 - -- 2 Nordea Corporate Finance 3109 1 - -

23 3 Lazard 1488 2 319 36654 4= Deutsche Bank 1488 1 4671 -681- 4= Eidos Partners 1488 1 - -

10 6 PwC 1454 3 2122 -31520 7 Morgan Stanley 1352 1 440 207312 8 SEB 1218 1 708 7239 9 KPMG 1212 5 106 10437 10 Barclays 1021 1 2398 -574- 11 BNP Paribas 863 2 - -- 12 EampH Partners 609 1 - -5 13 Rothschild 474 1 2998 -842- 14= Axys Finance 363 1 - -- 14= Swedbank First Securities 363 1 - -



Europe Financial Advisor League Table Q1 2013

Financial Advisors to Irish MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

- 1 Bank of America Merrill Lynch 1739 2 - -12 2 Rothschild 173 2 1 1- 3= Centerview Partners 3249 1 - -- 3= Citi 3249 1 - -- 3= Ondra Partners 3249 1 - -- 6= Deutsche Bank 1739 1 - -6 6= Goldman Sachs 1739 1 1 0- 8 Greentech Capital Advisors 180 1 - -5 9= Barclays 160 1 1 0- 9= JPMorgan 160 1 - -

Financial Advisors to Irish MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

- 1= Centerview Partners 3249 1 - -- 1= Citi 3249 1 - -- 1= Ondra Partners 3249 1 - -- 4 Bank of America Merrill Lynch 1739 2 - -- 5= Deutsche Bank 1739 1 - -2 5= Goldman Sachs 1739 1 7300 -762- 7 Greentech Capital Advisors 180 1 - -

10 8 Rothschild 173 2 41 3221 9= Barclays 160 1 7300 -978- 9= JPMorgan 160 1 - -

Financial Advisors to UK MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

2 1 PwC 748 14 16 -24 2 KPMG 495 13 13 05 3 Rothschild 2725 11 12 -11 4 Goldman Sachs 26744 9 16 -712 5 JPMorgan Cazenove 26183 9 8 110 6 Ernst amp Young 755 7 9 -235 7 Credit Suisse 23052 6 2 46 8 Barclays 3511 6 11 -515 9 DC Advisory 582 6 7 -18 10 Deloitte 115 6 10 -43 11 BDO - 6 14 -837 12 UBS Investment Bank 3452 5 2 37 13 Morgan Stanley 1987 5 11 -616 14 Canaccord Genuity 1341 5 7 -217 15 Deutsche Bank 4439 4 6 -2

Financial Advisors to UK MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

2 1 Goldman Sachs 26744 9 21562 2404 2 JPMorgan Cazenove 26183 9 12506 109414 3 Credit Suisse 23052 6 2671 763- 4 LionTree Advisors 22620 2 - -8 5 Deutsche Bank 4439 4 7602 -41611 6 HSBC 3588 2 4960 -2771 7 Barclays 3511 6 25307 -86118 8 UBS Investment Bank 3452 5 2273 519- 9 Gleacher Shacklock 3023 2 - -9 10 Rothschild 2725 11 6464 -578- 11 ING 2380 1 - -- 12 Banca de Inversion Bancolombia 2100 1 - -

6 13 Morgan Stanley 1987 5 8484 -766- 14 UniCredit Group 1515 3 - -- 15= Banca IMIIntesa Sanpaolo 1488 1 - -- 15= Eidos Partners 1488 1 - -

35 15= Lazard 1488 1 610 1439

Press Release 13 wwwmergermarketcom


Financial Advisors to Germanic MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

14 1 Lincoln International 152 7 6 12 2 Morgan Stanley 3644 6 11 -518 3 UniCredit Group 1492 6 4 2114 4 Perspektiv - 6 1 511 5 JPMorgan 7467 5 6 -16 6 KPMG 1439 5 9 -48 7 Credit Suisse 1187 5 7 -213 8 Rothschild 1120 5 6 -124 9 DC Advisory 373 5 3 21 10 Deloitte 59 5 13 -85 11 PwC 31 5 10 -5

106 12= Livingstone Partners - 5 1 419 12= Transfer Partners - 5 4 143 14 BNP Paribas 284 4 1 327 15 MampA International - 4 3 1

Financial Advisors to Germanic MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

2 1 JPMorgan 7467 5 56943 -8691 2 Deutsche Bank 3872 3 60616 -9366 3 Citi 3758 3 51656 -9273 4 Morgan Stanley 3644 6 55001 -93427 5 UniCredit Group 1492 6 651 129238 6 KPMG 1439 5 332 333410 7 Bank of America Merrill Lynch 1198 1 13272 -914 8 Credit Suisse 1187 5 54869 -97815 9 Rothschild 1120 5 5386 -7928 10 Barclays 1021 1 48605 -979- 11 Yapi Kredi Yatirim Menkul Degerler 940 1 - -- 12 RFC Ambrian 914 2 - -

103 13 HSBC 782 1 - -49 14 DC Advisory 373 5 71 42549 15 BNP Paribas 284 4 48537 -994

Financial Advisors to German MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

9 1 Lincoln International 152 7 5 294 2 Perspektiv - 6 1 514 3 JPMorgan 7467 5 3 212 4 UniCredit Group 992 5 4 18 5 PwC 31 5 6 -113 6 Transfer Partners - 5 4 13 7 KPMG 1395 4 7 -374 8 DC Advisory 373 4 1 387 9 Livingstone Partners - 4 1 31 10 Deutsche Bank 3872 3 7 -433 11 Citi 3758 3 1 26 12 Morgan Stanley 2669 3 6 -35 13 Rothschild 120 3 6 -34 14 Deloitte 59 3 7 -410 15 Ernst amp Young - 3 5 -2

Financial Advisors to German MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

2 1 JPMorgan 7467 5 7118 491 2 Deutsche Bank 3872 3 8006 -51610 3 Citi 3758 3 3119 2054 4 Morgan Stanley 2669 3 4936 -45929 5 KPMG 1395 4 332 320215 6 Bank of America Merrill Lynch 1198 1 1228 -2413 7 Credit Suisse 1111 2 2243 -50539 8 Barclays 1021 1 68 140220 9 UniCredit Group 992 5 651 524- 10 Yapi Kredi Yatirim Menkul Degerler 940 1 - -

84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -

- 13 BNP Paribas 240 2 - -83 14 Houlihan Lokey 208 1 - -5 15 Lazard 178 1 4717 -962



Financial Advisors to Benelux MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

7 1 Deloitte 149 8 5 317 2 Goldman Sachs 18286 7 2 524 3 Rabobank 3701 7 2 532 4 Rothschild 1766 7 2 52 5 PwC 1495 7 9 -221 6 Morgan Stanley 10943 6 2 48 7 ING 99 5 4 113 8 JPMorgan 7272 4 3 134 9 Barclays 5758 4 1 323 10 BNP Paribas 2705 4 2 21 11 KPMG 76 4 10 -65 12 MampA International 5 4 5 -1

10 13 Lazard 3223 3 4 -128 14 Leonardo amp Co 2590 3 2 125 15 UBS Investment Bank 782 3 2 1

Financial Advisors to Benelux MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

2 1 Goldman Sachs 18286 7 1611 103516 2 Morgan Stanley 10943 6 403 26156 3 JPMorgan 7272 4 1054 5899- 4 EFG-Hermes Holding 6403 1 - -8 5 Barclays 5758 4 995 47871 6 Citi 3904 2 2298 69928 7 Rabobank 3701 7 195 17989 8 Lazard 3223 3 971 2319- 9= Handelsbanken Capital Markets 3109 1 - -- 9= Nordea Corporate Finance 3109 1 - -- 9= PK Partners 3109 1 - -

50 12 Cushman amp Wakefield Healey amp Baker

3001 1 8 37413

3 13 Bank of America Merrill Lynch 2900 1 1327 118519 14 BNP Paribas 2705 4 306 78437 15 Leonardo amp Co 2590 3 100 2490

Financial Advisors to French MampA VolumeRanking Q1 2013 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

- 1 MampA International 11 9 - -1 2 Rothschild 875 8 9 -111 3 BNP Paribas 3136 6 4 297 4 UBS Investment Bank 1391 6 1 56 5 DC Advisory 120 4 6 -2- 6 Hottinguer Corporate Finance 30 4 - -7 7 Goldman Sachs 765 3 5 -2- 8 Axys Finance 383 3 - -

26 9 Credit Agricole CIB 152 3 2 120 10= Leonardo amp Co - 3 2 114 10= Lincoln International - 3 4 -115 12 Credit Suisse 1427 2 3 -1- 13 Clairfield International 260 2 - -

10 14 Ernst amp Young 36 2 5 -316 15 Financiere Cambon 7 2 3 -1

Financial Advisors to French MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

4 1 BNP Paribas 3136 6 3053 2718 2 Citi 1694 1 526 222115 3 Credit Suisse 1427 2 923 54697 4 UBS Investment Bank 1391 6 - -6 5 Rothschild 875 8 2319 -6232 6 Goldman Sachs 765 3 4457 -8288 7= Bank of America Merrill Lynch 765 1 2183 -6516 7= Barclays 765 1 918 -167- 7= LionTree Advisors 765 1 - -

24 7= Macquarie Group 765 1 319 139814 7= Nomura Holdings 765 1 1022 -25110 12 HSBC 535 1 1844 -71

- 13 Axys Finance 383 3 - -- 14 Swedbank First Securities 363 1 - -- 15 Clairfield International 260 2 - -



Financial Advisors to Spanish MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

14 1 Barclays 587 7 1 69 2 Banco Bilbao Vizcaya Argentaria 2509 6 2 4- 3 Morgan Stanley 635 4 - -- 4 Goldman Sachs 8700 3 - -- 5 DC Advisory 259 3 - -1 6 PwC 129 3 10 -7- 7 Societe Generale 108 2 - -- 8 Sabadell Corporate Finance 77 2 - -7 9 Ernst amp Young - 2 5 -3- 10 Bank of America Merrill Lynch 2000 1 - -- 11= Blackstone Group 587 1 - -6 11= UBS Investment Bank 587 1 3 -233 13= Nomura Holdings 307 1 1 0- 13= Santander Global Banking and

Markets307 1 - -

13 15 Credit Agricole CIB 264 1 1 0

Financial Advisors to Spanish MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

- 1 Goldman Sachs 8700 3 - -10 2 Banco Bilbao Vizcaya Argentaria 2509 6 472 4316- 3 Bank of America Merrill Lynch 2000 1 - -- 4 Morgan Stanley 635 4 - -

11 5 Barclays 587 7 472 244- 6= Blackstone Group 587 1 - -4 6= UBS Investment Bank 587 1 1361 -56933 8= Nomura Holdings 307 1 - -- 8= Santander Global Banking and

Markets307 1 - -

9 10 Credit Agricole CIB 264 1 492 -463- 11 DC Advisory 259 3 - -

16 12 Credit Suisse 235 1 59 2983- 13 Macquarie Group 135 1 - -- 14 Bank Zachodni 132 1 - -7 15 PwC 129 3 928 -861

Financial Advisors to Iberian MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

11 1 Banco Bilbao Vizcaya Argentaria 2632 7 4 35 2 Barclays 587 7 5 2- 3 Morgan Stanley 635 4 - -

27 4 Goldman Sachs 8700 3 1 2- 5 DC Advisory 259 3 - -2 6 PwC 129 3 10 -724 7 Santander Global Banking and

Markets430 2 1 1

28 8 Societe Generale 108 2 1 16 9 Banco Espirito Santo de Investimento 102 2 5 -3- 10 Sabadell Corporate Finance 77 2 - -8 11= Ernst amp Young - 2 5 -34 11= KPMG - 2 6 -422 13 Bank of America Merrill Lynch 2000 1 1 0- 14= Blackstone Group 587 1 - -

13 14= UBS Investment Bank 587 1 3 -2

Financial Advisors to Iberian MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

23 1 Goldman Sachs 8700 3 845 929618 2 Banco Bilbao Vizcaya Argentaria 2632 7 1529 72111 3 Bank of America Merrill Lynch 2000 1 4136 -516- 4 Morgan Stanley 635 4 - -1 5 Barclays 587 7 11026 -947- 6= Blackstone Group 587 1 - -

19 6= UBS Investment Bank 587 1 1361 -56913 8 Santander Global Banking and

Markets430 2 4136 -896

48 9 Nomura Holdings 307 1 - -26 10 Credit Agricole CIB 264 1 492 -463- 11 DC Advisory 259 3 - -9 12 Credit Suisse 235 1 4195 -944

- 13 Macquarie Group 135 1 - -- 14 Bank Zachodni 132 1 - -

21 15 PwC 129 3 928 -861



Financial Advisors to Swedish MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

5 1 Handelsbanken Capital Markets 4567 4 3 16 2 Nordea Corporate Finance 3734 4 3 11 3 PwC 73 4 8 -433 4 ABG Sundal Collier 15 3 1 28 5 Goldman Sachs 3888 2 2 03 6 SEB 1337 2 5 -3- 7 DC Advisory 128 2 - -

10 8= Danske Bank Corporate Finance - 2 2 04 8= Ernst amp Young - 2 5 -345 8= Keystone - 2 1 1- 11= Morgan Stanley 3550 1 - -- 11= VTB Capital 3550 1 - -- 13 PK Partners 3109 1 - -9 14 EampH Partners 609 1 2 -1- 15= Axys Finance 363 1 - -

48 15= Rothschild 363 1 1 051 15= Swedbank First Securities 363 1 1 0

Financial Advisors to Swedish MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

1 1 Handelsbanken Capital Markets 4567 4 2708 6863 2 Goldman Sachs 3888 2 2398 6212 3 Nordea Corporate Finance 3734 4 2594 439- 4= Morgan Stanley 3550 1 - -- 4= VTB Capital 3550 1 - -- 6 PK Partners 3109 1 - -

11 7 SEB 1337 2 340 29329 8 EampH Partners 609 1 506 204- 9= Axys Finance 363 1 - -

48 9= Rothschild 363 1 - -51 9= Swedbank First Securities 363 1 - -5 12 Barclays 347 1 2398 -8557 13 JPMorgan 300 1 2328 -871- 14 Millington 160 1 - -- 15 DC Advisory 128 2 - -

Financial Advisors to Nordic MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

5 1 Handelsbanken Capital Markets 4747 7 6 12 2 PwC 73 7 10 -31 3 Nordea Corporate Finance 3734 5 10 -59 4 ABG Sundal Collier 99 5 4 117 5 Danske Bank Corporate Finance 16 4 3 162 6= MampA International - 4 1 319 6= Translink - 4 3 113 8 Goldman Sachs 6788 3 3 03 9 Ernst amp Young 196 3 7 -4- 10 Millington 160 3 - -- 11 DC Advisory 128 3 - -

79 12 Keystone - 3 1 227 13 Morgan Stanley 3710 2 2 06 14 SEB 1337 2 6 -411 15 Rothschild 683 2 3 -1

Financial Advisors to Nordic MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

11 1 Goldman Sachs 6788 3 2571 16410 2 Handelsbanken Capital Markets 4747 7 2713 752 3 Nordea Corporate Finance 3734 5 6030 -38120 4 Morgan Stanley 3710 2 1669 1223- 5 VTB Capital 3550 1 - -- 6 PK Partners 3109 1 - -

39 7= CIMB Group Sdn 2900 1 72 3928- 7= ING 2900 1 - -- 7= Maybank Investment Bank 2900 1 - -

21 10 SEB 1337 2 1048 2764 11 Rothschild 683 2 5392 -87326 12 EampH Partners 609 1 506 204

- 13= CITIC Securities Co 600 1 - -17 13= Nomura Holdings 600 1 2273 -736- 13= Southwest Securities Company 600 1 - -


Europe Financial Advisor League Table Q1 2013Financial Advisors to Italian MampA Volume

Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount

Change11 1 UniCredit Group 5510 6 3 310 2 Banca IMIIntesa Sanpaolo 7592 4 3 11 3 Rothschild 6224 4 6 -212 4 BNP Paribas 4714 3 2 1- 5 JPMorgan 3815 3 - -

30 6 Deloitte 59 3 1 213 7 Goldman Sachs 5651 2 2 06 8 Deutsche Bank 5458 2 3 -14 9 Lazard 3622 2 4 -2- 10 Vitale amp Associati 53 2 - -- 11 Lincoln International 52 2 - -- 12 Altium Capital 20 2 - -- 13= Barclays 3970 1 - -9 13= Credit Suisse 3970 1 3 -231 13= Intermonte Securities Corporate

Finance3970 1 1 0

8 13= Leonardo amp Co 3970 1 3 -22 13= Mediobanca 3970 1 5 -4- 13= Royal Bank of Scotland Group 3970 1 - -

Financial Advisors to Italian MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

12 1 Banca IMIIntesa Sanpaolo 7592 4 1817 31784 2 Rothschild 6224 4 4103 51710 3 Goldman Sachs 5651 2 3133 80415 4 UniCredit Group 5510 6 614 79745 5 Deutsche Bank 5458 2 3918 3939 6 BNP Paribas 4714 3 3635 297- 7= Barclays 3970 1 - -

11 7= Credit Suisse 3970 1 2162 83631 7= Intermonte Securities Corporate

Finance3970 1 7 56614

8 7= Leonardo amp Co 3970 1 3735 632 7= Mediobanca 3970 1 4358 -89- 7= Royal Bank of Scotland Group 3970 1 - -

- 13 JPMorgan 3815 3 - -7 14 Lazard 3622 2 3742 -32- 15 Natixis 2134 1 - -

Financial Advisors to CEE MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

13 1 JPMorgan 10807 4 315 3331- 2 EFG-Hermes Holding 6403 1 - -8 3 Morgan Stanley 5576 4 746 647511 4 VTB Capital 5320 2 460 105725 5 Societe Generale 3662 2 43 8416- 6 Citi 1899 3 - -

14 7 Deutsche Bank 1839 2 237 67592 8 Goldman Sachs 1786 2 2373 -247- 9= BMO Capital Markets 1525 1 - -- 9= Canaccord Genuity 1525 1 - -- 9= GMP Securities 1525 1 - -- 12 Credit Suisse 1111 1 - -- 13= Barclays 1021 1 - -

22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879

Financial Advisors to CEE MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

20 1 JPMorgan 10807 4 1 310 2 Morgan Stanley 5576 4 2 2- 3 Citi 1899 3 - -1 4 Rothschild 320 3 8 -59 5 Deloitte 209 3 3 03 6 UniCredit Group 192 3 5 -2- 7 Grant Thornton Corporate Finance 36 3 - -7 8 VTB Capital 5320 2 3 -128 9 Societe Generale 3662 2 1 111 10 Deutsche Bank 1839 2 2 06 11 Goldman Sachs 1786 2 3 -1- 12 Bank Zachodni 292 2 - -4 13 Ernst amp Young 46 2 4 -226 14 Raiffeisen Centrobank - 2 1 1- 15 EFG-Hermes Holding 6403 1 - -


US Overview for Q1 2013 bull US MampA in Q1 2013 (US$ 167bn) overtook Q1 2012 (US$125bn) by a third

bull JPMorgan (US$ 987bn) moves from third to first place in the league table by deal value Lazard (US$ 668bn) leaps to fourth place from thirteenth

0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals

US Q1 2013 Trend Comparison Quarterly MampA Trend Breakdown

bull The US market looks optimistic amid the Dow Jones breaking records and mega-deals sparking hope for MampA resurgence With a total value of US$ 167bn from 703 deals Q1 surpassed the deal value for Q1 2012 (US$ 125bn 925 deals) by 336

bull It was a little more than half of the deal value seen in Q4 2012 (US$ 3069bn 1103 deals) but this was the strongest quarter of 2012

bull There were three transactions over US$ 5bn with a combined value of US$ 658bn In comparison Q1 2012 had three of such transactions with just under half of that deal value (US$ 242bn)

13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)



US Industry amp Geography analysis for Q1 2013

62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)



bull Comcastrsquos acquisition of NBCUniversal Media for US$ 167bn was responsible for an upsurge in technology media and telecommunications (TMT) activity in the US this quarter TMT transactions in the US totalled US$ 513bn in Q1 2013 compared to US$ 145bn last year

bull In Q1 2013 the dominant un-consolidated sector was consumer with a 228 market share by deal value (US$ 381bn 62 deals)

bull The Heinz deal resulted in this sector surpassing Q1 2012rsquos 67 market share (US$ 84bn 85 deals) and also the previous leading sector energy mining amp utilities which had a 261 market share in Q1 2012 (US$ 326bn 71 deals)

bull Outbound investments from the US into the rest of the world increased by deal value from US$ 27bn in the same period of 2012 to US$ 484bn in Q1 2013 following the Virgin Media deal

bull Asia is becoming more of a target for US companies Investment into Asia from the US in Q1 2013 increased to US$ 58bn from US$ 16bn in Q4 2012 up 263

bull Outbound deals were slightly steadier in the first quarter of 2013 from Q4 2012 compared to inbound deals Outbound deals were down 25 (Q4 2012 valued at US$ 645bn for 257 deals) whereas inbound cross-border transactions (US$ 15bn 114 deals) were down 815 This inbound activity was the lowest level seen in eight years (Q1 2005 US$ 135bn)

Quarterly Cross-Border US MampA



US Top Deals in Q1 2013

Announced Date




(US$m)



HJ Heinz Company Bank of America Merrill Lynch Centerview Partners Moelis amp

Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093

22-Jan-13 Cole Credit Property Trust II

Gleacher amp Company Morgan Stanley UBS

Investment Bank

Spirit Realty Capital Inc Barclays 3857

08-Mar-13 Kohlberg Kravis Roberts amp Co LP

Simmons amp Company International UBS Investment Bank

Gardner Denver Inc Goldman Sachs 3850

21-Mar-13 Energy Transfer Partners LP

Evercore Partners ETP Holdco Corporation (60 Stake)

Advising seller Credit Suisse

Energy Transfer Equity LP

3750

10-Jan-13 Cerberus Capital Management LP Kimco

Realty Corporation Klaff Realty LP Lubert-

Adler Partners LP Schottenstein Real

Estate Group

Barclays Lazard Star Markets Company Inc Shaws

Supermarkets Inc Jewel-Osco stores (Supervalu) Acme Fresh Markets and

SuperValu (Albertsons stores)

Advising seller Goldman Sachs Greenhill amp Co

SuperValu Inc 3300


Americas Financial Advisor League Table Q1 2013League Table of Financial Advisors to Americas MampA Volume

Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount

Change1 1 Goldman Sachs 80486 33 47 -142 2 JPMorgan 101683 31 32 -17 3 Morgan Stanley 37609 30 27 34 4 Lazard 67122 29 31 -28 5 Bank of America Merrill Lynch 89621 26 26 010 6 Citi 45158 22 24 -212 7 Credit Suisse 60408 21 22 -111 8 StifelKBW 1806 21 23 -26 9 Barclays 42982 19 27 -813 10 Evercore Partners 36650 19 20 -13 11 RBC Capital Markets 24574 16 32 -1616 12 UBS Investment Bank 14692 16 19 -322 13 Raymond James amp Associates 1133 16 14 29 14 Deutsche Bank 29936 15 25 -1017 15 PwC 2637 14 18 -433 16 William Blair amp Company 1279 14 9 515 17 Moelis amp Company 35804 13 19 -619 18 Rothschild 9134 12 14 -25 19 Houlihan Lokey 2917 12 29 -1718 20 Sandler ONeill amp Partners 1910 12 15 -3

League Table of Financial Advisors to Americas MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

4 1 JPMorgan 101683 31 41046 14773 2 Bank of America Merrill Lynch 89621 26 41426 11632 3 Goldman Sachs 80486 33 45865 75511 4 Lazard 67122 29 14863 35168 5 Credit Suisse 60408 21 26021 132225 6 Centerview Partners 48079 4 6577 6315 7 Citi 45158 22 37531 2031 8 Barclays 42982 19 48751 -1189 9 Morgan Stanley 37609 30 20698 81710 10 Evercore Partners 36650 19 15873 130917 11 Moelis amp Company 35804 13 11092 222828 12 Wells Fargo Securities 31807 8 5472 48136 13 Deutsche Bank 29936 15 33932 -118- 14 LionTree Advisors 25189 3 - -7 15 RBC Capital Markets 24574 16 28972 -15218 16 UBS Investment Bank 14692 16 10920 34527 17 Greenhill amp Co 9903 5 6016 64614 18 Jefferies amp Company 9421 10 12748 -26123 19 Rothschild 9134 12 7385 23736 20 HSBC 7538 7 4166 809


Americas Financial Advisor League Table Q1 2013League Table of Financial Advisors to US MampA Volume

Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount

Change4 1 JPMorgan 98741 28 27 11 2 Goldman Sachs 68647 28 39 -112 3 Lazard 66799 27 29 -25 4 Morgan Stanley 35535 27 26 19 5 Bank of America Merrill Lynch 87681 23 21 211 6 Citi 45158 22 18 48 7 StifelKBW 1806 21 22 -115 8 Credit Suisse 60332 20 16 46 9 Barclays 41961 18 24 -610 10 Evercore Partners 33707 17 19 -222 11 Raymond James amp Associates 951 15 13 27 12 Deutsche Bank 28197 14 22 -816 13 UBS Investment Bank 11857 14 15 -126 14 William Blair amp Company 1246 13 9 412 15 Moelis amp Company 35783 12 18 -617 16 Sandler ONeill amp Partners 1910 12 15 -313 17 RBC Capital Markets 23254 11 17 -63 18 Houlihan Lokey 2834 11 28 -1718 19 PwC 2448 11 15 -414 20 Jefferies amp Company 9421 10 17 -7

League Table of Financial Advisors to US MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

3 1 JPMorgan 98741 28 34057 18995 2 Bank of America Merrill Lynch 87681 23 27805 21532 3 Goldman Sachs 68647 28 34636 98213 4 Lazard 66799 27 10470 5389 5 Credit Suisse 60332 20 13910 333717 6 Centerview Partners 48079 4 6577 6316 7 Citi 45158 22 23419 9281 8 Barclays 41961 18 40711 3112 9 Moelis amp Company 35783 12 11092 22267 10 Morgan Stanley 35535 27 20612 7248 11 Evercore Partners 33707 17 15753 11420 12 Wells Fargo Securities 31807 8 5472 48134 13 Deutsche Bank 28197 14 32542 -134- 14 LionTree Advisors 25189 3 - -

11 15 RBC Capital Markets 23254 11 11139 108815 16 UBS Investment Bank 11857 14 9452 25419 17 Greenhill amp Co 9903 5 6016 64616 18 Jefferies amp Company 9421 10 8589 9735 19 Rothschild 7949 8 1763 350932 20 HSBC 5438 6 2085 1608


Americas Financial Advisor League Table Q1 2013League Table of Financial Advisors to US Buyouts MampA Volume

Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount

Change20 1 Lazard 30918 3 1 2- 2 Barclays 25075 3 - -

15 3 Credit Suisse 23074 3 1 28 4 Deutsche Bank 22188 3 1 21 5 Citi 22828 2 3 -19 6= JPMorgan 27362 1 1 011 6= Wells Fargo Securities 27362 1 1 0- 8= Bank of America Merrill Lynch 21775 1 - -2 8= RBC Capital Markets 21775 1 3 -2- 10 HSBC 500 1 - -

League Table of Financial Advisors to US Buyouts MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

20 1 Lazard 30918 3 - -4 2= JPMorgan 27362 1 7150 28279 2= Wells Fargo Securities 27362 1 1359 1913- 4 Barclays 25075 3 - -

14 5 Credit Suisse 23074 3 167 137171 6 Citi 22828 2 10610 11523 7 Deutsche Bank 22188 3 7150 2103- 8= Bank of America Merrill Lynch 21775 1 - -2 8= RBC Capital Markets 21775 1 7926 1747- 10 HSBC 500 1 - -



Americas Financial Advisor League Table Q1 2013

Financial Advisers to Central amp South America MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

2 1 Banco BTG Pactual 1023 4 11 -712 2 Bank of America Merrill Lynch 5014 3 3 03 3 Goldman Sachs 4300 3 7 -48 4 UBS Investment Bank 2835 3 4 -149 5 Banco Bilbao Vizcaya Argentaria 2000 3 1 211 6 Rothschild 892 3 3 01 7 Banco Itau BBA 544 3 13 -109 8 Vinci Partners 162 3 4 -113 9 Lazard 3223 2 3 -132 10 Morgan Stanley 3205 2 1 115 11 HSBC 2350 2 3 -134 12 DNB Markets 735 2 1 110 13 JPMorgan 300 2 3 -15 14 Banco Bradesco BBI 280 2 6 -44 15 Credit Suisse 269 2 6 -4

Financial Advisers to Central amp South America MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

10 1 Bank of America Merrill Lynch 5014 3 5191 -344 2 Goldman Sachs 4300 3 9979 -56913 3 Lazard 3223 2 4393 -26631 4 Morgan Stanley 3205 2 86 362718 5 UBS Investment Bank 2835 3 1172 141915 6 HSBC 2350 2 1715 37- 7 Banca de Inversion Bancolombia 2100 1 - -

49 8 Banco Bilbao Vizcaya Argentaria 2000 3 - -5 9 Banco BTG Pactual 1023 4 8332 -8779 10 Rothschild 892 3 5399 -83534 11 DNB Markets 735 2 56 1213- 12= Carnegie Investment Bank 735 1 - -- 12= Rabobank 735 1 - -- 12= SEB 735 1 - -- 15= Deloitte 699 1 - -- 15= Proyectos Financieros

Especializados699 1 - -

Financial Advisers to Canadian MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

2 1 BMO Capital Markets 2342 8 9 -11 2 RBC Capital Markets 1560 7 18 -117 3 Bank of America Merrill Lynch 4741 6 5 111 4 JPMorgan 3501 5 4 117 5 Morgan Stanley 3348 5 3 28 6 GMP Securities 2164 5 5 05 7 Canaccord Genuity 4607 4 8 -44 8 Scotiabank 813 3 8 -5- 9 StifelKBW 128 3 - -

37 10 Deutsche Bank 3435 2 1 132 11 Goldman Sachs 2839 2 1 178 12 Wells Fargo Securities 1770 2 1 128 13 Houlihan Lokey 1327 2 2 022 14 Rothschild 1293 2 3 -125 15 Citi 753 2 2 0

Financial Advisers to Canadian MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

3 1 Bank of America Merrill Lynch 4741 6 10532 -556 2 Canaccord Genuity 4607 4 7981 -42315 3 JPMorgan 3501 5 1533 128427 4 Deutsche Bank 3435 2 401 756610 5 Morgan Stanley 3348 5 3096 8131 6 Evercore Partners 2858 1 210 126118 7 Goldman Sachs 2839 2 1250 12714 8 BMO Capital Markets 2342 8 9428 -75212 9 GMP Securities 2164 5 2208 -278 10 Wells Fargo Securities 1770 2 - -1 11 RBC Capital Markets 1560 7 18968 -91839 12 Houlihan Lokey 1327 2 86 1443

30 13 Rothschild 1293 2 223 479811 14= Barclays 1021 1 2909 -64968 14= KPMG 1021 1 - -



Financial Advisers to US Mid-West MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

2 1 Lazard 33052 12 11 16 2 JPMorgan 31685 9 7 21 3 Goldman Sachs 12833 8 12 -432 4 William Blair amp Company 1021 8 2 69 5 Citi 6734 7 6 13 6 Morgan Stanley 4705 7 10 -35 7 Barclays 4843 5 8 -342 8 Raymond James amp Associates 522 5 2 327 9 MampA International 24 5 3 211 10 Bank of America Merrill Lynch 32508 4 6 -212 11 Wells Fargo Securities 28476 4 6 -215 12 Credit Suisse 4337 4 5 -124 13 HSBC 3950 4 3 117 14 PwC 692 4 5 -110 15 Evercore Partners 529 4 6 -2

Financial Advisers to US Mid-West MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

5 1 Lazard 33052 12 7550 33788 2 Bank of America Merrill Lynch 32508 4 5606 479910 3 JPMorgan 31685 9 5170 512914 4 Wells Fargo Securities 28476 4 3380 742511 5 Moelis amp Company 27393 2 4600 495532 6 Centerview Partners 27362 1 449 59942 7 Goldman Sachs 12833 8 12751 064 8 Citi 6734 7 7551 -1083 9 Barclays 4843 5 10336 -5316 10 Morgan Stanley 4705 7 6723 -3019 11 UBS Investment Bank 4541 3 1744 160416 12 Credit Suisse 4337 4 2431 7849 13 Greenhill amp Co 4155 3 5230 -20627 14 HSBC 3950 4 795 3969- 15 Simmons amp Company International 3850 1 - -

Financial Advisers to US North East MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

1 1 Goldman Sachs 42242 16 23 -78 2 Bank of America Merrill Lynch 81737 15 11 42 3 Lazard 59671 14 18 -412 4 Credit Suisse 32130 14 9 57 5 Morgan Stanley 27204 13 12 19 6 JPMorgan 71371 12 11 16 7 Citi 33317 12 12 014 8 Barclays 27072 9 8 15 9 Evercore Partners 26619 9 14 -54 10 Deutsche Bank 26577 8 14 -611 11 UBS Investment Bank 7224 8 9 -120 12 StifelKBW 494 8 7 118 13 Moelis amp Company 29179 7 7 029 14 Raymond James amp Associates 329 7 5 213 15 Lincoln International 37 7 9 -2

Financial Advisers to US North East MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

3 1 Bank of America Merrill Lynch 81737 15 19511 31896 2 JPMorgan 71371 12 13283 437310 3 Lazard 59671 14 7934 6521- 4 Centerview Partners 47311 3 - -4 5 Goldman Sachs 42242 16 16593 15467 6 Citi 33317 12 12626 163915 7 Credit Suisse 32130 14 4907 554820 8 Wells Fargo Securities 31036 5 1939 150118 9 Moelis amp Company 29179 7 2142 126214 10 Morgan Stanley 27204 13 5325 41091 11 Barclays 27072 9 24541 1035 12 Evercore Partners 26619 9 13986 903

2 13 Deutsche Bank 26577 8 23289 1419 14 RBC Capital Markets 22043 6 8267 166613 15 UBS Investment Bank 7224 8 5521 308



Financial Advisers to US South MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

9 1 Citi 34426 12 9 310 2 Evercore Partners 33181 12 9 314 3 Lazard 29792 12 8 48 4 StifelKBW 1325 12 10 24 5 Goldman Sachs 26897 11 11 012 6 Credit Suisse 34060 10 8 22 7 JPMorgan 26266 10 14 -417 8 Morgan Stanley 3667 9 6 311 9 Bank of America Merrill Lynch 27711 8 9 -11 10 Houlihan Lokey 1787 8 16 -83 11 Barclays 31530 7 11 -45 12 Deutsche Bank 23096 6 10 -47 13 Moelis amp Company 8229 6 10 -430 14 Tudor Pickering Holt amp Co 2249 6 3 316 15 Simmons amp Company International 1513 6 7 -1

Financial Advisers to US South MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

2 1 Citi 34426 12 18607 855 2 Credit Suisse 34060 10 10404 22749 3 Evercore Partners 33181 12 9140 2634 4 Barclays 31530 7 16945 86136 5 Lazard 29792 12 364 808510 6 Bank of America Merrill Lynch 27711 8 8369 23118 7 Goldman Sachs 26897 11 9887 1723 8 JPMorgan 26266 10 18275 4371 9 Deutsche Bank 23096 6 18686 2367 10 RBC Capital Markets 22688 3 9895 129312 11 Moelis amp Company 8229 6 6216 32434 12 Greenhill amp Co 6347 3 410 144811 13 Jefferies amp Company 5555 5 6839 -18823 14 Rothschild 5315 3 1237 3297- 15= Mesirow Financial Holdings 4905 1 - -- 15= Millstein amp Co 4905 1 - -

Financial Advisers to US West MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

3 1 Goldman Sachs 29528 11 11 04 2 Morgan Stanley 7589 11 11 07 3 JPMorgan 24110 9 8 136 4 William Blair amp Company 1014 8 2 66 5 Barclays 9730 6 8 -28 6 Lazard 5449 6 8 -211 7 Bank of America Merrill Lynch 2203 6 6 031 8 Citi 6567 5 2 32 9 Moelis amp Company 6241 5 12 -718 10 UBS Investment Bank 4497 5 3 212 11 Raymond James amp Associates 317 5 6 -110 12 StifelKBW 134 5 7 -214 13 Deutsche Bank 1017 4 5 -149 14 SunTrust Robinson Humphrey Capital

Markets231 4 2 2

46 15 DA Davidson amp Co 96 4 2 2

Financial Advisers to US West MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

4 1 Goldman Sachs 29528 11 12930 128415 2 Credit Suisse 26068 3 2166 1104- 3 LionTree Advisors 24424 2 - -3 4 JPMorgan 24110 9 13443 7931 5 Barclays 9730 6 17178 -4345 6 Morgan Stanley 7589 11 12761 -40510 7 Citi 6567 5 3601 8247 8 Moelis amp Company 6241 5 6492 -3924 9 Lazard 5449 6 590 823658 10 Rothschild 4905 2 60 8075- 11= Mesirow Financial Holdings 4905 1 - -- 11= Millstein amp Co 4905 1 - -

13 13 UBS Investment Bank 4497 5 2700 66630 14 Evercore Partners 4200 3 359 107029 15 Greenhill amp Co 4093 1 376 9886


Asia-Pacific (exclJapan) Overview for Q1 2013 bull Inbound deals are ahead of Q1 2012 with deals valued at US$ 111bn

bull Morgan Stanley (US$ 79bn) was lead advisor in Asia-Pacific (excl Japan) and CIMB Group (US$ 64bn) entered into third position from 46th in Q1 2012

0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals

Asia-Pacific Q1 2013 Trend Comparison Quarterly MampA Trend Breakdown

bull MampA in Asia-Pacific (excl Japan) got off to a slow start in 2013 with 438 deals worth US$ 598bn 287 below the deal value seen in the same period of 2012 (US$ 838bn 483 deals)

bull Q1 for Asia-Pacific (excl Japan) MampA was the slowest in four years since Q1 2009 (US$ 458bn)

bull Total value tumbled 324 from US$ 884bn (632 deals) in Q4 2012 giving little confidence for investors in the region going forward

bull The biggest transaction of the quarter was in the energy sector - SapuraKencana Petroleum acquired the tender rigs business of Seadrill The cross-border deal between Malaysia and Singapore was valued at US$ 29bn Malaysia also saw the second-biggest deal where Petroliam Nasional made an offer for the remaining shares in MISC for US$ 29bn

3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)



Asia-Pacific (exclJapan) Industry amp Geography analysis for Q1 2013

46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)



bull Once again energy mining amp utilities played the largest part in deal making with US$ 148bn-worth of deals accounting for 252 of all Asia-Pacific (excl Japan) targeted MampA

bull China (US$ 9bn) and Singapore (US$ 34bn) were the main targets in the energy mining and utilities sector while Australia saw only eleven deals worth US$ 973m

bull There was a decline in deal value in all but three sectors compared to Q1 2012 with the notable exceptions of the transport and consumer sectors which saw increases of 400 and 1152 respectively The transport sector featured the US$ 29bn offer of MISC The consumer sector featured a deal worth US$ 1bn where US TPG Capital acquired Australian Ingham Enterprises

bull Inbound deals into Asia-Pacific were slightly up from US$ 95bn (120 deals) in Q1 2012 to US$ 111bn (110 deals) in Q1 2013 but were down compared to US$ 176bn (135 deals) in the last quarter of 2012

bull Outbound activity saw a decline in momentum a second consecutive quarterly decrease brought deal value down 136 to US$ 169bn (63 deals) from Q4 (US$ 196bn 88 deals) It was however slightly above a full Q1 2012 (US$ 165bn 83 deals)

bull China remained the most attractive target (inbound and domestic) in Asia-Pacific (excl Japan) MampA with 137 deals worth US$ 242bn although the value of Chinese MampA was down by 322 compared to the same period last year

bull Singapore was one of the major countries in the region which saw increased activity compared to Q1 2012 with deals worth US$ 45bn up 522 from US$ 723m due to Asia-Pacficrsquos highest valued deal

Quarterly Cross-Border Asia-Pacific (excl Japan) MampA



Asia-Pacific (exclJapan) Top Deals in Q1 2013

Announced Date


Target Company TargeSeller Financial Advisor


(US$m)

11-Feb-13 SapuraKencana Petroleum Berhad

CIMB Group Goldman Sachs ING Maybank

Investment Bank

Seadrill Ltd (Tender rigs business in Asia)

Seadrill Ltd 2900

31-Jan-13 Petroliam Nasional Berhad

CIMB Group MISC Berhad (3733 Stake)

AmInvestment Bank 2877

05-Feb-13 Guangxi Guiguan Electric Power Co Ltd

CITIC Securities LongTan Hydropower Development Co Ltd

(85 Stake)

Guangxi Investment Group Co Ltd China Datang Corporation

and Guizhou Industrial Investment Co Ltd

2485

05-Mar-13 Wuhan Iron and Steel Company Ltd

Bank of China International Holdings

Wuhan Iron and Steel Group Mining Co Ltd

Wuhan Iron and Steel Corporation

1912

28-Jan-13 Hana Financial Group Goldman Sachs Hana Daetoo Securities

Korea Exchange Bank (40 Stake)

1774

18-Mar-13 Shanxi Meijin Energy Co Ltd

Caitong Securities Shanxi Meijin Group Dongyu Coal Mining Co Ltd Shanxi Fenxi Taiyue Coal Mining Holdings Co

Ltd (7996 Stake) Shanxi Meijin Coking Co Ltd Tianjin Meijin

International Trading Co Ltd and Meijin Energy Group Dalian Co Ltd

Meijin Energy Group Co Ltd 1628

27-Feb-13 Mylan Inc Morgan Stanley Agila Specialties Private Limited and Agila Specialties Asia Pte

Limited

Advising seller Jefferies amp Company

Strides Arcolab Limited 1600

21-Feb-13 Zhejiang Zheneng Electric Power Co LTd

China International Capital Corporation

Zhejiang Southeast Electric Power Company

Limited

Morgan Stanley 1508

13-Mar-13 Anhui Shanying Paper Industry Co Ltd

Chinalion Securities Jirsquoan Group Co Ltd Advising seller Zheshang Securities

Taisheng Industry Co Ltd

1236

13-Jan-13 CITIC Telecom International Holdings

Ltd

Barclays CITIC Securities

Companhia de Telecomunicacoes de Macau SARL (79

Stake)

Advising seller JPMorgan

Cable amp Wireless Communications Plc and Portugal Telecom

SGPS SA

1161


Asia-Pacific (exclJapan) Financial Advisor League Table Q1 2013League Table of Financial Advisors to Asia-Pacific (excl Japan) MampA Volume

Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount

Change3 1 Morgan Stanley 7940 12 11 15 2 Goldman Sachs 7628 11 9 21 3 PwC 905 10 16 -630 4 Macquarie Group 3574 9 3 66 5 Rothschild 2132 9 9 015 6 CITIC Securities Co 6374 7 5 213 7 JPMorgan 4501 7 6 111 8 HSBC 2981 7 7 04 9 Ernst amp Young 507 7 11 -414 10 CIMB Group Sdn 6415 6 6 0- 11 Bank of China International 3658 6 - -

44 12 Nomura Holdings 2545 6 2 48 13 Citi 1272 6 8 -218 14 UBS Investment Bank 2271 5 5 061 15 Somerley 1569 5 1 42 16 KPMG 487 5 12 -779 17 Jefferies amp Company 2842 4 1 317 18 Barclays 2318 4 5 -119 19 RHB Investment Bank 240 4 5 -112 20 Deloitte 110 4 7 -3

League Table of Financial Advisors to Asia-Pacific (excl Japan) MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange

2 1 Morgan Stanley 7940 12 14537 -4546 2 Goldman Sachs 7628 11 11827 -35546 3 CIMB Group Sdn 6415 6 428 13998 4 CITIC Securities Co 6374 7 7645 -1665 5 JPMorgan 4501 7 12389 -637- 6 Bank of China International Holdings 3658 6 - -

23 7 Macquarie Group 3574 9 1205 196612 8 Maybank Investment Bank 3127 2 4474 -30110 9 HSBC 2981 7 5732 -48

160 10 ING 2900 1 - -72 11 AmInvestment Bank 2877 1 175 154450 12 Jefferies amp Company 2842 4 395 619561 13 Nomura Holdings 2545 6 304 737216 14 Barclays 2318 4 2015 1517 15 UBS Investment Bank 2271 5 1958 167 16 Rothschild 2132 9 8150 -7383 17 Bank of America Merrill Lynch 1922 2 13606 -859- 18 Tudor Pickering Holt amp Co 1870 2 - -

47 19 Hana Daetoo Securities Co 1774 1 427 3155- 20 Caitong Securities Co 1628 1 - -


Asia-Pacific (exclJapan) Financial Advisor League Table Q1 2013League Table of Financial Advisors to Asia-Pacific (excl Japan) Buyouts MampA Volume

Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount

Change- 1 Nomura Holdings 1346 2 - -- 2 HSBC 320 2 - -- 3 BDO 14 2 - -- 4 Macquarie Group 1027 1 - -- 5 KPMG 390 1 - -- 6= Avendus Capital 320 1 - -- 6= Citi 320 1 - -- 8 CITIC Securities Co 319 1 - -- 9 Barclays 276 1 - -- 10 Bank of America Merrill Lynch 222 1 - -

11 11 Deloitte 101 1 1 03 12 Morgan Stanley 85 1 1 0- 13 HMC Investment Securities Co 83 1 - -- 14 Ambit Corporate Finance - 1 - -2 15 Deutsche Bank - 1 1- 16 Mummert amp Company - 1 - -

League Table of Financial Advisors to Asia-Pacific (excl Japan) Buyouts MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

- 1 Nomura Holdings 1346 2 - -- 2 Macquarie Group 1027 1 - -- 3 KPMG 390 1 - -- 4 HSBC 320 2 - -- 5= Avendus Capital 320 1 - -- 5= Citi 320 1 - -- 7 CITIC Securities Co 319 1 - -- 8 Barclays 276 1 - -- 9 Bank of America Merrill Lynch 222 1 - -

11 10 Deloitte 101 1 - -3 11 Morgan Stanley 85 1 146 -418- 12 HMC Investment Securities Co 83 1 - -- 13 BDO 14 2 - -- 14 Ambit Corporate Finance - 1 - -2 15 Deutsche Bank - 1 1250 -- 16 Mummert amp Company - 1 - -



Asia-Pacific (exclJapan) Financial Advisor League Table Q1 2013

Financial Advisers to Australasian MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

9 1 Macquarie Group 2565 6 2 45 2 Goldman Sachs 699 6 3 351 3 PwC 331 3 1 23 4 KPMG 91 3 3 0- 5 RFC Ambrian 914 2 - -

27 6 Morgan Stanley 699 2 1 112 7 UBS Investment Bank 525 2 2 016 8 Ernst amp Young 412 2 2 02 9 Gresham Advisory Partners 287 2 4 -249 10 Lazard 185 2 1 11 11 Rothschild 157 2 4 -26 12 BDO 14 2 3 -17 13 Deloitte - 2 3 -125 14= Investec 1027 1 1 0- 14= Nomura Holdings 1027 1 - -

Financial Advisers to Australasian MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

6 1 Macquarie Group 2565 6 1105 132118 2= Investec 1027 1 254 3043- 2= Nomura Holdings 1027 1 - -- 4 RFC Ambrian 914 2 - -9 5 Goldman Sachs 699 6 957 -2722 6 Morgan Stanley 699 2 146 378820 7 UBS Investment Bank 525 2 194 1706- 8= ANZ Bank 468 1 - -- 8= Flagstaff Partners 468 1 - -

45 10 Ernst amp Young 412 2 9 447851 11 PwC 331 3 - -24 12 Gresham Advisory Partners 287 2 119 1412- 13 Barclays 276 1 - -- 14 Spurrier Capital Partners 222 1 - -

39 15 Standard Chartered 192 1 19 9105

Financial Advisers to Asia-Pacfic (excl Japan amp Australasia) MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

3 1 Morgan Stanley 7241 10 10 014 2 CITIC Securities Co 6374 7 5 210 3 HSBC 2981 7 6 16 4 Rothschild 1975 7 7 01 5 PwC 574 7 15 -89 6 Goldman Sachs 7034 6 6 012 7 CIMB Group Sdn 6415 6 6 013 8 JPMorgan 4501 6 5 1- 9 Bank of China International 3658 6 - -8 10 Citi 1272 6 6 018 11 UBS Investment Bank 2271 5 4 153 12 Somerley 1569 5 1 439 13 Nomura Holdings 1518 5 2 34 14 Ernst amp Young 95 5 9 -490 15 Macquarie Group 1419 4 1 3

Financial Advisers to Asia-Pacfic (excl Japan amp Australasia) MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

2 1 Morgan Stanley 7241 10 14391 -4976 2 Goldman Sachs 7034 6 10870 -35342 3 CIMB Group Sdn 6415 6 428 13998 4 CITIC Securities Co 6374 7 7645 -1665 5 JPMorgan 4501 6 11954 -623- 6 Bank of China International 3658 6 - -

12 7 Maybank Investment Bank 3127 2 4474 -30110 8 HSBC 2981 7 5312 -439

135 9 ING 2900 1 - - 63 10 AmInvestment Bank 2877 1 175 154446 11 Jefferies amp Company 2842 3 395 619518 12 UBS Investment Bank 2271 5 1899 196

16 13 Barclays 2042 3 2015 137 14 Rothschild 1975 7 8050 -7554 15 Bank of America Merrill Lynch 1922 2 12523 -847


Asia-Pacific (excl Japan) Financial Advisor League Table Q1 2013

Financial Advisers to Indian MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

2 1 Ernst amp Young 58 4 5 -115 2 Rothschild 537 3 2 110 3 Axis Capital 408 3 2 11 4 Morgan Stanley 2148 2 5 -3- 5 Macquarie Group 688 2 - -

14 6 Avendus Capital 161 2 2 026 7 JM Financial 84 2 1 1- 8 SMC Capitals 71 2 - -

19 9 Jefferies amp Company 1600 1 1 0- 10 Rand Merchant Bank 548 1 - -- 11 Standard Chartered 537 1 - -9 12= Barclays 190 1 2 -1- 12= Sawaya Segalas amp Co 190 1 - -- 14 Arden Partners 151 1 - -- 15 BNP Paribas 148 1 - -

Financial Advisers to Indian MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

1 1 Morgan Stanley 2148 2 11773 -81811 2 Jefferies amp Company 1600 1 395 3051- 3 Macquarie Group 688 2 - -- 4 Rand Merchant Bank 548 1 - -

21 5 Rothschild 537 3 92 4837- 6 Standard Chartered 537 1 - -

10 7 Axis Capital 408 3 931 -5627 8= Barclays 190 1 1096 -827- 8= Sawaya Segalas amp Co 190 1 - -

19 10 Avendus Capital 161 2 104 548- 11 Arden Partners 151 1 - -- 12 BNP Paribas 148 1 - -

24 13 JM Financial 84 2 43 953- 14 SMC Capitals 71 2 - -8 15 Ernst amp Young 58 4 1021 -943

Financial Advisers to Greater China MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

2 1 CITIC Securities Co 6374 7 5 2- 2 Bank of China International 3658 6 - -

28 3 Somerley 1569 5 1 445 4 JPMorgan 3217 4 1 3- 5 Nomura Holdings 1428 4 - -5 6 Morgan Stanley 2688 3 4 -120 7 Barclays 2042 3 2 19 8 HSBC 1849 3 3 019 9 UBS Investment Bank 1836 3 2 14 10 Rothschild 1272 3 4 -160 11 Macquarie Group 1268 3 1 2- 12 China Securities Co 782 3 - -

40 13 Houlihan Lokey 737 3 1 2- 14 Minsheng Securities Co 337 3 - -

17 15 Bank of America Merrill Lynch 1922 2 2 0

Financial Advisers to Greater China MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

1 1 CITIC Securities Co 6374 7 7645 -166- 2 Bank of China International 3658 6 - -

35 3 JPMorgan 3217 4 290 10096 4 Morgan Stanley 2688 3 2463 9124 5 Barclays 2042 3 513 29818 6 Bank of America Merrill Lynch 1922 2 2234 -145 7 HSBC 1849 3 3131 -40913 8 UBS Investment Bank 1836 3 1764 41- 9 Tudor Pickering Holt amp Co 1700 1 - -- 10 Caitong Securities Co 1628 1 - -- 11 China International Capital 1590 2 - -7 12 Somerley 1569 5 2355 -334

- 13 Nomura Holdings 1428 4 - -4 14 Rothschild 1272 3 3791 -66454 15 Macquarie Group 1268 3 100 1168



Financial Advisers to South Korea MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

- 1 Morgan Stanley 1806 4 - -1 2 PwC 536 4 7 -310 3 Goldman Sachs 3009 3 1 28 4 Samsung Securities Co 416 2 1 16 5 Hana Daetoo Securities Co 1774 1 1 0- 6 RBC Capital Markets 1100 1 - -- 7 Houlihan Lokey 654 1 - -9 8 Woori Investment amp Securities Co 465 1 1 05 9 Rothschild 410 1 1 0- 10= Citi 390 1 - -2 10= KPMG 390 1 4 -3- 12= Tudor Pickering Holt amp Co 170 1 - -- 12= Wells Fargo Securities 170 1 - -

12 14 Locus Capital Partners 126 1 1 0- 15 UBS Investment Bank 115 1 - -

Financial Advisers to South Korea MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

9 1 Goldman Sachs 3009 3 130 2215- 2 Morgan Stanley 1806 4 - -4 3 Hana Daetoo Securities Co 1774 1 427 3155- 4 RBC Capital Markets 1100 1 - -- 5 Houlihan Lokey 654 1 - -3 6 PwC 536 4 567 -558 7 Woori Investment amp Securities Co 465 1 145 22077 8 Samsung Securities Co 416 2 308 3512 9 Rothschild 410 1 3655 -888- 10= Citi 390 1 - -1 10= KPMG 390 1 4324 -91- 12= Tudor Pickering Holt amp Co 170 1 - -- 12= Wells Fargo Securities 170 1 - -


Financial Advisers to South East Asia MampA VolumeRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change

2 1 CIMB Group Sdn 6392 5 6 -14 2 RHB Investment Bank 240 4 4 06 3 HSBC 1132 3 3 020 4 Rothschild 830 3 1 27 5 DBS Bank 235 3 3 017 6 Hong Leong Financial Group 185 3 1 21 7 Maybank Investment Bank 3127 2 8 -622 8 JPMorgan 1284 2 1 13 9 Standard Chartered 737 2 4 -2- 10 Macquarie Group 688 2 - -

24 11 Citi 320 2 1 1- 12 3 Seas Capital Partners - 2 - -8 13= Goldman Sachs 2900 1 2 -152 13= ING 2900 1 1 011 15 AmInvestment Bank 2877 1 2 -1

Financial Advisers to South East Asia MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change

13 1 CIMB Group Sdn 6392 5 428 13941 2 Maybank Investment Bank 3127 2 4474 -3013 3= Goldman Sachs 2900 1 3137 -7652 3= ING 2900 1 - -20 5 AmInvestment Bank 2877 1 175 154412 6 JPMorgan 1284 2 454 18284 7 HSBC 1132 3 2198 -4859 8 Rothschild 830 3 532 562 9 Standard Chartered 737 2 3213 -771- 10 Macquarie Group 688 2 - -

25 11 Morgan Stanley 599 1 155 286517 12 Deutsche Bank 505 1 321 573

15 13 Citi 320 2 406 -212- 14= Avendus Capital 320 1 - -

26 14= UBS Investment Bank 320 1 135 137


Japan Overview for Q1 2013 bull Japanrsquos currency war manifests itself in weaker outbound activity which after two successive quarterly increases fell to the lowest level since Q2 2010

bull Morgan Stanley (US$ 5bn) pushed ahead of Japanese advisors from sixth place to top the financial advisor league table by deal value

0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals

Japan Q1 2013 Trend Comparison Quarterly MampA Trend Breakdown

bull Japanrsquos 101 deals in Q1 2013 MampA amounted to US$ 81bn plunging 525 from Q4 2012 (US$ 171bn 87 deals) and mirroring the sluggish MampA activity in the rest of Asia-Pacific

bull The dramatic drop in Q1 made it the lowest quarterly total since Q4 2010 (US$ 68bn 83 deals)

bull Several sizeable domestic consolidations most notably Hitachi Metalsrsquo merger with Hitachi Cables took place in Q1 2013 These underscore the tendency of Japanese corporations to merge in order to enhance their competitiveness vis-a-vis overseas competitors

882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)



Japan Industry amp Geography analysis for Q1 2013

80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134


Construction US$ 06bn (US$ 01bn)





Leisure US$ 06bn (US$ 01bn)




0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Inbound Value (US$bn)

Oubtbound value (US$bn)

Inbound No of Deals

Outbound No of Deals

Q1 2013 Cross-Border Focus

bull Key sectors for Japanese MampA experienced diminished activity when compared with Q1 2012 The value of deals in the business services sector fell from US$ 12bn to US$ 08bn

bull Industrials amp chemicalsrsquo deal value fell from US$ 41bn to US$ 2bn but accounted for the highest market share at 245

bull The construction sector was one of the few silver linings in a torrid start to the year rising from US$ 01bn in Q1 2012 to US$ 06bn this quarter

bull Outbound acquisitions of foreign firms by their Japanese counterparts in Q1 2013 totalled US$ 44bn over 35 deals the lowest quarterly value since Q2 2010 (US$ 36bn 40 deals) The yenrsquos relentless fall from US$yen 758 in October 2012 to US$yen 946 appears to be the main catalyst in dampening the appetite for overseas assets

bull This is demonstrated by only one outbound acquisition accounting for over half of the outbound value Orix Corporationrsquos US$ 26bn acquisition of Dutch Robeco Groep reaffirms the desire of Japanese firms to reduce dependence on the domestic market

bull Acquisitions of Japanese targets by foreign bidders decreased for the second successive quarter to US$ 1bn the lowest level of inward investment since Q2 2010 (US$ 1bn) This underscores the poor fundamentals of the Japanese market which failed to entice overseas bidders in spite of a sharp decrease in the value of the yen

Japan Quarterly Cross-Border MampA



Japan Top Deals in Q1 2013

Announced Date



Seller Company Deal Value (US$m)

13-Feb-13 Hitachi Metals Ltd Nomura Holdings Hitachi Cable Limited Morgan Stanley 863

25-Mar-13 Temp Holdings Co Ltd Sumitomo Mitsui Financial Group

Intelligence Holdings Ltd Nomura Holdings Kohlberg Kravis Roberts amp Co LP

721

27-Mar-13 Aeon Co Ltd Sumitomo Mitsui Financial Group

The Daiei Inc (8011 Stake)

Mizuho Financial Group Nomura Holdings

565

15-Jan-13 MBK Partners LP Komeda Limited Morgan Stanley Advantage Partners LLP and Pokka Sapporo Food

amp Beverage Ltd

486

04-Mar-13 Nomura Securities Co Ltd

DeNa Co Ltd (1175 Stake)

Sony Corporation 465

30-Jan-13 Tokyu Community Corp Mizuho Financial Group United Communities Co Ltd

Advising seller Nomura Holdings

Advantage Partners LLP 396

05-Mar-13 ORIX Corporation Asahi Fiberglass Co Ltd (9609 Stake)

Global Insulation 321

04-Mar-13 Aeon Co Ltd Peacock Stores Ltd Advising seller KPMG J Front Retailing Co Ltd 321

14-Feb-13 Sumitomo Life Insurance Company

Medicare Life Insurance Co Ltd (109 Stake)

Mitsui Life Insurance Company Limited

321

18-Mar-13 Mitsubishi Corporation Morgan Stanley Kirin Kyowa Foods Company Limited

Kirin Holdings Co Ltd 320


Japan Financial Advisor League Table Q1 2013League Table of Financial Advisors to Japanese MampA Volume

Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount

Change1 1 Nomura Holdings 4238 17 23 -63 2 Mizuho Financial Group 1855 16 11 52 3 Morgan Stanley 4951 14 12 25 4 Daiwa Securities Group 472 8 8 08 5 KPMG 373 6 6 07 6 PwC 89 5 6 -16 7 Deloitte 243 4 7 -34 8 GCA Savvian Group 222 4 9 -522 9 Sumitomo Mitsui Financial Group 1286 2 2 011 10 Lazard 223 2 4 -214 11 Credit Suisse 202 2 3 -1- 12 William Blair amp Company 175 2 - -- 13 Macquarie Group 52 2 - -

18 14= Barclays 2590 1 2 -19 14= Goldman Sachs 2590 1 4 -331 14= Houlihan Lokey 2590 1 1 020 14= JPMorgan 2590 1 2 -1- 14= Leonardo amp Co 2590 1 - -

League Table of Financial Advisors to Japanese MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change

6 1 Morgan Stanley 4951 14 3016 6422 2 Nomura Holdings 4238 17 10065 -5791 3= Barclays 2590 1 10209 -7463 3= Goldman Sachs 2590 1 8086 -6823 3= Houlihan Lokey 2590 1 371 59815 3= JPMorgan 2590 1 5388 -519- 3= Leonardo amp Co 2590 1 - -

11 8 Mizuho Financial Group 1855 16 2181 -14937 9 Sumitomo Mitsui Financial Group 1286 2 29 433510 10 Daiwa Securities Group 472 8 2314 -79614 11 KPMG 373 6 1476 -74715 12 Citi 259 1 1040 -75124 13 Deloitte 243 4 279 -12929 14 Lazard 223 2 132 68917 15 GCA Savvian Group 222 4 885 -749


Africa amp Middle East Overview for Q1 2013 bull Deal value not short of momentum as it increases on Q1 2012 and only just falls short of Q4 2012

0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)


Africa amp Middle East Q1 2013 Trend Comparison Quarterly MampA Trend Breakdown

bull Q1 2013 deals (US$ 185bn 59 deals) dropped by only 5 compared with the previous quarter (US$ 195bn 80 deals) and MampA activity in the region has surpassed Q1 2012 levels (US$ 92bn 87 deals) by 1014

bull Inbound investment in Q1 2013 (US$ 151bn 34 deals) is off to a better start than Q1 2012 (US$ 57bn 40 deals) by deal value up 167

bull On the other hand outbound deal value shrunk by 522 with deals valued at US$ 28bn (21 deals) in Q1 2013 compared to US$ 58 (39 deals) in Q1 2012

bull Energy mining amp utilities was the most active sector behind TMT accounting for a 275 share of the market and the regionrsquos top deal China National Petroleum Corporationrsquos 286 acquisition in East Africa for US$ 42bn supports the growing tendency for China to invest in the regionrsquos energy supplies

871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)



Africa amp Middle East Top Deals in Q1 2013

Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210

18-Jan-13 Abraaj Capital Holdings Limited and the Sawiris

Family

Allen amp Company Barclays

Orascom Construction Industries SAE (25

Stake)

CI Capital Holding Citi Rabobank

2210

21-Jan-13 Aldar Properties PJSC Credit Suisse Goldman Sachs National Bank of

Abu Dhabi

Sorouh Real Estate PJSC Morgan Stanley 2030

28-Feb-13 Cipla Ltd Morgan Stanley Rand Merchant Bank

Cipla Medpro South Africa Ltd

548

10-Jan-13 Qatar Foundation Ahli Bank QSC (2941 Stake)

Ahli United Bank BSC 531

08-Mar-13 Actis LLP Societe Generale Redal Amendis Tanger and Amendis Tetouan

Veolia services a lenvironnement Maroc and Veolia Water - CGE

Indonesia

481

23-Jan-13 Cisco Systems Inc Intucell Limited Bessemer Venture Partners 475

14-Mar-13 Investec Asset Management (Senior

management)

Investec Asset Management Holdings Limited (15 Stake)

Fenchurch Advisory Partners HSBC Advising seller Goldman Sachs

Investec Limited 272

05-Mar-13 Allscripts Healthcare Solutions Inc

dbMotion Ltd Evercore Partners University of Pittsburgh Medical Center Health System Gemini Israel

Funds Ltd Vertex Venture Capital and

Pitango Venture Capital

226


Africa amp Middle East Financial Advisor League Table Q1 2013League Table of Financial Advisors to Global MampA Volume


2012Q1


(US$m)Deal

CountDeal

CountCount

Change- 1 Morgan Stanley 2774 4 - -

11 2 Citi 2660 3 2 115 3 Rand Merchant Bank 592 3 2 11 4 Standard Bank Group 164 3 4 -17 5 Barclays 2417 2 3 -110 6 Goldman Sachs 2302 2 2 0- 7 Societe Generale 914 2 - -

33 8 HSBC 722 2 1 1- 9 Simmons amp Company International 191 2 - -2 10 PwC 172 2 4 -2- 11 Lazard 150 2 - -

42 12= Deloitte 113 2 1 14 12= Ernst amp Young 113 2 4 -224 14 EFG-Hermes Holding 6403 1 1 0- 15= Allen amp Company 2210 1 - -- 15= CI Capital Holding 2210 1 - -- 15= Rabobank 2210 1 - -

21 18= Credit Suisse 2030 1 1 0- 18= National Bank of Abu Dhabi 2030 1 - -

13 20= JPMorgan 500 1 2 -114 20= UBS Investment Bank 500 1 2 -1

League Table of Financial Advisors to Africa amp Middle East MampA ValueRanking Q1 2013 Q1 2012

Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change

11 1 EFG-Hermes Holding 6403 1 991 5461- 2 Morgan Stanley 2774 4 - -3 3 Citi 2660 3 2406 10614 4 Barclays 2417 2 853 18341 5 Goldman Sachs 2302 2 3250 -292- 6= Allen amp Company 2210 1 - -- 6= CI Capital Holding 2210 1 - -- 6= Rabobank 2210 1 - -5 9= Credit Suisse 2030 1 2000 15- 9= National Bank of Abu Dhabi 2030 1 - -- 11 Societe Generale 914 2 - -

28 12 HSBC 722 2 140 415727 13 Rand Merchant Bank 592 3 140 322917 14= JPMorgan 500 1 390 28220 14= UBS Investment Bank 500 1 335 4937 16 Deutsche Bank AG 450 1 1700 -73513 17 Bank of America Merrill Lynch 433 1 935 -537- 18 Qinvest 400 1 - -- 19 Fenchurch Advisory Partners 272 1 - -- 20 Evercore Partners 226 1 - -


Emerging Markets Overview for Q1 2013 bull Deal values dwindle to a level not seen in an opening quarter in four years

bull Morgan Stanley jumps to lead position with 16 deals valued at US$ 16bn

0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)

Other EM (Value) BRIC (Value) EM MampA as of Global MampA

Emerging Markets Q1 2013 Trend Comparison Quarterly MampA Trend Breakdown

bull After the most productive year for emerging markets on Mergermarket record in 2012 Q1 took a downward turn with significantly lower deal value than in Q4 2012 at US$ 882bn (526 deals) down from Q4 (US$ 1929bn 706 deals)

bull Emerging market MampA deal value and deal count were both down 165 in Q1 compared to the same period in 2012 (US$ 1056 630 deals)

bull Emerging market MampA contributed 217 to global MampA (US$ 4059bn) down from 233 in Q1 2012

bull The largest deal was the acquisition of Orascom Telecom Holding by Altimo for a total consideration of US$ 64bn

4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)



Emerging Markets Industry amp Geography analysis for Q1 2013

06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176

Agriculture US$ 12bn (US$ 06bn)




Defence US$ 04bn (US$ 0bn)







0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)



bull Energy mining and utilities had the largest market share for deal value in Q1 2013 Deals worth US$ 252bn equated to a 286 market share

bull The second largest deal in the emerging markets was in the energy mining amp utilities sector - a 378 stake in Polyus Gold International was acquired by two private investors Gavril Yushvaev and Zelimkhan Mustsoev for a total consideration of US$ 36bn

bull Deal value of BRIC MampA (US$ 444bn 282 deals) was down 439 by deal value compared to the comparative period in 2012 (US$ 791bn 373 deals) and 666 down from Q4 2012 (US$ 1327bn 395 deals)

bull China was the most active of the BRIC countries contributing 274 (US$ 242bn 137 deals) of all emerging market activity Russia was the second most active country contributing 141 (US$ 124bn 30 deals)

bull Investor confidence in the emerging markets may be waning with Q1 2013 inbound total deal value (US$ 194bn 163 deals) at its lowest in just over three years (since Q4 2009 US$ 191bn 201 deals)

bull Private equity firms are avoiding the emerging market countries as Q1 saw a second quarterly decline for buyouts at US$ 68bn the lowest value since Q2 2012 (US$ 48bn 68 deals)

Emerging Markets Quarterly Cross-Border MampA



Emerging Markets Top Deals in Q1 2013

Announced Date




(US$m)


VimpelCom Ltd 6403

22-Feb-13 Gavril Yushvaev (private investor) and

Zelimkhan Mutsoev (Private investor)

VTB Capital Polyus Gold International Ltd (3775 Stake)


Generale

Onexim Group 3616

27-Mar-13 VTB Bank OAO VTB Capital Tele2 Russia Telecom Advising sellerMorgan Stanley

Tele2 AB 3550

14-Feb-13 Constellation Brands Inc Bank of America Merrill Lynch

Compania Cervecera de Coahuila

Advising seller Lazard Morgan Stanley

Anheuser-Busch InBev NV

2900






(85 Stake)


and Guizhou Industrial Investment (Group) Co

Ltd

2485

18-Jan-13 OCI NV Allen amp Company Barclays


Stake)

CI Capital Citi Rabobank

2210

28-Mar-13 Allianz Capital Partners GmbH and

Borealis Infrastructure Management Inc

Barclays KPMG NET4GAS sro Advising seller JPMorgan

RWE AG 2043

1-Feb-13 MetLife Inc Bank of America Merrill Lynch

Provida Internacional SA Banco Bilbao Vizcaya Argentaria Advising

seller Goldman Sachs

Banco Bilbao Vizcaya Argentaria SA

2000




Wuhan Iron and Steel (Group) Corporation

1912


Private Equity Buyouts bull Global buyouts (US$ 848bn) accounted for the highest share of global MampA activity in one quarter since Q2 2007 (282) at 209

bull Lazard was the lead financial advisor by deal value with deals worth US$ 324bn including the Heinz deal

0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A

Europe (Value) US (Value) Asia-Pacific ex Japan (Value) Rest of the World (Value) Buyouts ( of Total MampA)

0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)

DebtEBITDA Multiple (x) DebtTotal Funding ()

Deb

tEB

ITD

A M

ultip

le (x

)

Global Buyout Activity

bull Global buyouts totalled US$ 848bn in the first quarter of 2013 ndash the highest quarterly total since Q4 2010 (US$ 856bn)

bull In contrast deal numbers were down with Q1 2013 seeing 372 deals the lowest quarterly number since Q2 2009 (323 deals)

bull Compared to Q4 2012 European and Asia-Pacific total deal values decreased in Q1 2013 by 364 (US$ 267bn to US$ 17bn) and 231 (US$ 79bn to US$ 61bn) respectively as the US mega-deals took over

bull The US more than doubled its value up 114 (US$ 276bn to US$ 591bn) ndash this was driven by the top two mega-deal buyouts which contributed 832 of the total US buyout value with the remaining 168 coming from the other 131 deals

bull These US-based deals resulted in the country accounting for 696 of the global buyout activity ndash a level never before seen by any region on Mergermarket record

bull The consumer sector (bolstered by the Heinz mega-deal) accounted for US$ 399bn in Q1 2013 an increase of 425 compared to Q1 2012rsquos US$ 76bn

bull The technology sector (including the Dell mega-deal) was the next most active sector accounting for US$ 232bn-worth of buyout MampA in Q1 2013 an increase of 548 compared to Q1 2012rsquos US$ 36bn

bull The debt-to-EBITDA ratio increased to the highest level on Mergermarket record from 55x to 67x

bull A March report from the Bank of England said that the peak buyout leverage ratios (total debt to total funding) in the boom years will surface in 2014 - the current average ratio increased from 595 last year to 597 in 2013 so far the highest average since 2007

Global Debt Financing Ratios Trend (US$ 200m+buyouts excl buyins)


Private Equity Exits bull Lowest exit multiples on Mergermarket record show why investors are holding on to companies longer

bull Goldman Sachs topped the financial advisors league table by value advising on six deals valued at US$ 57bn including the top exit

0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)

SBOs (Value) Trade Sales (Value) Trade Sales ( of total exits) SBOs ( of total exits)

6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe

Global SBOs versus Trade Sales

bull Private equity exits in Q1 2013 totalled US$ 328bn (288 deals) a decrease of 505 on Q4 2012 (US$ 663bn 376 deals) and 34 on Q1 2012 (US$ 497bn 334 deals)

bull The lowest EVEBITDA multiple on Mergermarket record at 82x was a significant decrease from last yearrsquos 104x showing that portfolio companies are being exited at lower valued rates However these figures are slightly higher for Europe (86x) and the US (85x)

Average Exit EBITDA Multiples

bull Secondary buyout exits (SBOs) valued at US$ 8bn and trade sales valued at US$ 248bn both decreased to levels not seen since Q3 2009 a dire year for exits (US$ 926bn)

bull The largest exit in Q1 2013 was the US$ 26bn sale of a 273 stake in Charter Communications by Apollo Global Management LLC Crestview Partners LP and Oaktree Capital Group LLC to Liberty Media Corporation


Private Equity Top Buyout Deals in Q1 2013Announced

DateBidder Company Target Company Target Industry Seller Company Deal

Value (US$m)

14-Feb-13 Berkshire Hathaway and 3G Capital Partners

HJ Heinz Company Consumer 27362


individual)

Dell Inc Technology 21775

10-Jan-13 Cerberus Capital Management LP led

consortium

Star Markets Company Inc

Shaws Supermarkets Inc Jewel-Osco

stores(Supervalu) Acme Fresh Markets

and SuperValu (Albertsons stores)

Consumer SuperValu Inc 3300

11-Feb-13 Hakon Invest AB ICA AB (60 Stake) Consumer Royal Ahold NV 3109



NET4GAS sro Energy Mining amp Utilities

RWE AG 2043

Private Equity Top Exit Deals in Q1 2013

Announced Date

Bidder Company Target Company Target Industry Seller Company Deal Value

(US$m)

19-Mar-13 Liberty Media Corporation

Charter Communications Inc (273 Stake)

Telecommunications Oaktree Capital Group LLC Apollo Global

Management LLC and Crestview Partners LP

2569

14-Feb-13 Cardinal Health Inc AssuraMed Holding Inc Consumer Clayton Dubilier amp Rice LLC and GS Capital

Partners

2070

28-Feb-13 Arkady Rotenberg (Private Investor)

Rostelecom OAO (107 Stake)

Telecommunications Marshall Capital Partners 1546

02-Jan-13 CVC Capital Partners Limited

Cerved Group Spa Business Services Bain Capital LLC and Clessidra SGR SpA

1488

05-Feb-13 Praxair Inc NuCo2 Inc Industrials amp Chemicals Aurora Capital Group 1100


Deal Value and Mid-Market Overview for Q1 2013 bull Average deal size stays above US$ 300m for the fourth quarter in a row

bull The US makes up a 331 market share of global mid-market deals and over took Europe again as a result

280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

$0m - $500m $501m - $2000m $2001 - $10000m mega deals (over $10001m)

0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)

European Mid-Market MampA US Mid-Market MampA Asia-Pacific ex Jp Mid-Market MampA RoW MampA of Global MampA

Q1 2013 Deal Value Breakdown - based on value Q1 2013 Mid-Market (US$ 251m - US$ 2bn) Analysis

bull The average global deal size in Q1 2013 was US$ 3231m the fourth consecutive quarter to witness an average deal size of over US$ 300m However it was down 178 from Q4 2012 (US$ 3933m) despite the mega-deal flurry in February

bull Global deals between US$ 2-10bn totalled US$ 1091bn US deals in this bracket valued at US$ 359bn accounted for 215 of US MampA this quarter the lowest level since Q2 2009 (213)

bull Four mega-deals totalled US$ 877bn accounted for 216 of Q1 2013rsquos global MampA ndash below the 271 chalked up in Q4 2012 (US$ 1997bn) but above the US$ 707bn in the same period last year

bull Mega-deals in the US worth US$ 658bn contributed a sizeable 394 to US deal value in Q1 2013 just trailing Q4 2012 (414)

bull Mid-market transactions (226 deals) totalled US$ 1524bn down 386 from Q4 2012 (US$ 2481bn 359 deals) and the lowest quarterly total in three years (Q1 2010 US$ 1493bn 220 deals)

bull Europe took a steep fall with 63 deals dropping 173 to US$ 425bn in value compared to Q1 2012 (US$ 513bn 83 deals) As a result the US mid-market moved ahead of Europe for the fifth consecutive quarter with US$ 504bn-worth of deals marking 331 of total global mid-market acquisitions

bull Energy mining amp utilities remained the most active sector with 277 of total market share (based on deal value) with US$ 422bn-worth of deals

bull US-based MetLifersquos acquisition of Chile-based Provida Internacional for US$ 2bn was the biggest mid-market deal of the quarter All of the top three deals were acquisitions by North American companies

Global Mid-Market Deal Distribution


About mergermarket

mergermarket is a mergers amp acquisitions (MampA) intelligence service

mergermarket is part of The Mergermarket Group which has nearly 1000 employees worldwide and regional head offices in New York London and Hong Kong

In any market the life blood of advisors is deal flow mergermarket is unique in the provision of origination intelligence to the investment banking legal private equity acquisition finance public relations (PR) and corporate markets

With an unrivalled network of analysts covering MampA in the Americas Europe Middle-East Africa and Asia-Pacific mergermarket generates proprietary intelligence and delivers it together with daily aggregated content on its mergermarketcom platform and by real-time email alerts to subscribers

This wealth of intelligence together with a series of deal databases individual and house league tables profiles and editorial have proven time and time again that this product can and does gener-ate real revenues for clients This is apparent when you see that mergermarket is used by over 1500 of the worldrsquos foremost advisory firms to assist in their origination process

Part of The Mergermarket Group

wwwmergermarketcom80 StrandLondon WC2R 0RLUnited Kingdom

t +44(0)20 7059 0000 f +44(0)20 0000 0000salesmergermarktetcom

11 West 19th Street2nd FloorNew York NY 10011 USA

t +1 212-686-5606f+1 212-686-2664salesusmergermarketcom

Suite 2401-3Grand Millennium Plaza181 Queenrsquos Road CentralHong Kong

t+852 2158 9700f+852 2158 9701salesasiamergermarketcom

All data is based on transactions over US$5m Q1 for this report is based on 1st January 2013 and 31st March 2013 unless stated otherwise Deals with undisclosed deal values are included where the targetrsquos turnover exceeds US$10m Deals where the stake acquired is less than 30 will only be included if their value is greater than US$100m Activities excluded from the league tables include property transactions and restructurings where the ultimate shareholdersrsquo inter-ests are not changed

The MampA activity table and league tables are based on the dominant geography of any of the target bidder or seller The overall trend graph and pie charts are based on the dominant geog-raphy of the target only The cross-border trend graph and pie charts are based on the dominant geography of the target and the bidder All sector breakdowns are based on the dominant sector of the target only

The trend graphs are based on transactions announced in the given time periods

For this report ldquoinboundrdquo refers to deals where the dominant geography of the target is X and the dominant geography of the bidder is outside X ldquooutboundrdquo refers to deals where the dominant geography of the target is outside X and the dominant geography of the bidder is X

Mega-deal is the term used for deals above US$ 10bn

Industry consolidations TMT refers to consolidated sectors of Technology Media amp Tellecommunications OTHER refers to consolidated sectors of Lesire Defence Agriculture amp Construction for Global Europe US amp Asia-Pacific sections OTHER refers to consolidated sectors of Leisure Real Estate and Transport in the Emerging Markets section

All data correct as of 1st April 2013

Deal Criteria

Criteria


What can Mergermarket do for you

Our global team of 400 dedicated MampA journalists spread in over 65 locations worldwide gathers proprietary information about corporate strategy through its network of industry contacts and executives This is MampA intelligence you wonrsquot find anywhere The insight we provide often doesnrsquot become public knowledge until 6-24 months after our journalists first start reporting giving you a large window of opportunity to take early action

Our multilingual team of journalists monitors more than 3000 global media sources daily analyzing and translating the most relevant information into summarized articles that subscribers receive in their alerts together with our proprietary intelligence

Mergermarketrsquos comprehensive Deals Database offers you the opportunity to search a global library of historical MampA transactions with fully-sourced financials and exit multiples You can analyze volumes and values of MampA activity in specific regions or sectors to discover deal patterns and identify trends ahead of competitors

Our customizable Private Equity Search facility provides you with extensive analyses of more than 1000 of the worldrsquos biggest private equity firms Analyse specific PE firms in terms of current portfolio historical exits potential investments firm profile historical advisor and investment relationships as well as rival bidders to monitor competitors and stay on top of your market

Because we are always up-to-speed on which advisers are working on which deals our detailed lsquoWhorsquos who in MampArsquo league tables have become an industry standard among investment professionals Tailor-build individual or house league tables to analyze firm performance and enhance your marketing strategy competitor analysis or pitch book efforts

PREDICTIVE INTELLIGENCE

ANALYSIS

DEALS DATABASE

PRIVATE EQUITY PORTFOLIOLEAGUE TABLES

Mergermarket is a business development tool designed specifically for the MampA sector providing proprietary news intelligence and analysis on corporate strategy before that strategy becomes public knowledge

Over 2000 of the worldrsquos foremost advisory firms investment banks law firms private equity firms and corporates use mergermarket to drive their origination process and capture lucrative business opportunities Click the buttons at the bottom of the page to find out about the real benefits mergermarket can bring to your company


Button 1

Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3

provate equity firms 2

Investment bank 2

Contents and SummaryGlobal Highlights bull A total of 2547 deals worth US$ 4059bn was 103 behind the same period last year bull JPMorgan (US$ 1242bn) leads the financial advisor tables after working on all four mega-deals

Spotlight

bull Februaryrsquos flurry of mega-deals this year brings 2013 up to four mega-deals valued at US$ 877bn compared to US$ 707bn (three deals) last year This was the highest Q1 value for mega-deals in a first quarter since Q1 2010 which was valued at US$ 1163bn (seven deals)

bull Every year that has experienced 5+ mega-deals in the first two months has ended with an increased deal value and volume compared to the previous year with the exception of the boom year in 2007

bull Dellrsquos buyout announcement has become one of four deals announced this year to enter into a go-shop period according to Dealreporter

Fortune Fortnight

Advisors bull JPMorgan came top of the global financial advisor league

table with deals valued at US$ 1242bn The firm also led the US financial advisor table by deal value

bull The last time JPMorgan led in an annual financial advisor table was in 2008 and by quarter it was Q1 2011

bull Lazard (US$ 701bn) goes from strength to strength as it crossed over into the top five global financial advisors - in fourth position from thirteenth in Q1 2012 (US$ 302bn)

bull The last quarter that Lazard was in the top five for the global financial advisor league table by deal value was in Q1 2011 - in fourth place with 35 deals worth US$ 1026bn

bull Morgan Stanley was the most active in the global financial advisor league table by deal count having worked on 56 deals

3-7

8-18

29-36

bull Q1 (US$ 1161bn) attempts to haul itself towards levels seen in the same period in 2012 but drops by 282 from US$ 1617bn bull Goldman Sachs leads the way in the league tables once again with 25 deals worth US$ 565bn

US bull The US sets the bar high for 2013 with deals valued at US$ 167bn surpassing the Q1 2012 value bull JPMorgan (US$ 987bn) leads the advisor league tables by value and deal count (28 deals)

Asia-Pacific (excl Japan) bull Inbound deals in Q1 worth US$ 111bn outstripped Q1 2012 (US$ 95bn) bull Morgan Stanley leads (US$ 79bn) in the advisor tables by deal value

Japan bull Deal values canrsquot keep up with Japanrsquos record H2 2012 with deals worth US$ 81bn in Q1 mostly from domestic deals bull Morgan Stanley beats Japanese advisors with deals valued at US$ 5bn

Emerging Markets bull Outbound deal values increased but aggregate deal value (US$ 882bn) is down to a level not seen in four years for a Q1

Private Equity bull US buyout values contributed 696 to total buyout MampA - a level never before seen on Mergermarket record bull Exits worth US$ 328bn in Q1 2013 were down compared to both Q1 and Q4 2012

19-28

37-40

44-45

46-48

Criteria 50

Deal Value and Mid-Market bull Q1 2013 is the fourth quarter in a row to have an average deal size above US$ 300m bull The US mid-market quarterly value in Q1 2013 moves ahead of Europe for the fifth consecutive quarter

49

41-43Africa amp Middle East bull One of two areas in this report to see deal values exceed Q1 2012 with deals valued at US$ 185bn bull EFG-Hermes Holding jumps from eleventh to first position in the advisor league table with deals valued at US$ 64bn

What can Mergermarket do for you 51

Europe


36661

24075

17104

20901

22453 22515

110

01

732

8

457

4

568

6 709

2

464

0

737

1

8092 5899

4192 4591

6130

4523 4059

0

500

1000

1500

2000

2500

3000

3500

4000

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




0

500

1000

1500

2000

2500

3000

3500

4000

4500

0

200

400

600

800

1000

1200

1400

1600

1800

Valu

e of

Dea

ls (U

S$bn

)


Num

ber o

f Dea

ls








51 68

356

101

136

65

43

61

97

23

34

146

210

98 97

41

33

32

257

52











0

500

1000

1500

2000

2500

3000

3500

4000

4500

0

200

400

600

800

1000

1200

1400

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)












Announced Date




(US$m)




Moelis amp Company

27362




investor)



Markets


21775




JPMorgan


16700


Repsol SA 6700


VimpelCom Ltd 6403


Rothschild




4270



Eni SpA 4210



Credit Suisse 4093




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal


2 6 Deloitte 124 5 6 -1


Markets3289 2 - -


27 19 BDO 14 2 2 0- 20= Accuracy - 2 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




14 20 HSBC 820 3 2639 -689





0

200

400

600

800

1000

1200

1400

1600

1800

2000

0

100

200

300

400

500

600

700

Num

ber o

f Dea

ls

Val

ue o

f Dea

ls (U

S$b

n)

Value (US$bn)

Number of Deals





15190

10055

4667

6414

7258 6935

396

8

286

3

217

1

187

9 244

0

134

4

234

6

2649 2952

1216 1275 1839 1617

1161

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)





22

59

428

110

105

107

24

98

46

43 62

184

151

54 136

47

253

70










0

50

100

150

200

250

300

0

25

50

75

100

125

150

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)



21855




Group


3970



Generale

Onexim Group 3616


Tele2 AB 3550



Stake)


Stanley


3467





Corporate Finance


Partners

Royal Ahold NV 3109



Stanley


3001


Stanley



JPMorgan

Rabobank NV 2590


2500




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2

36661

24075

17104

20901

22453 22515

110

01

732

8

457

4

568

6 709

2

464

0

737

1

8092 5899

4192 4591

6130

4523 4059

0

500

1000

1500

2000

2500

3000

3500

4000

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




0

500

1000

1500

2000

2500

3000

3500

4000

4500

0

200

400

600

800

1000

1200

1400

1600

1800

Valu

e of

Dea

ls (U

S$bn

)


Num

ber o

f Dea

ls








51 68

356

101

136

65

43

61

97

23

34

146

210

98 97

41

33

32

257

52











0

500

1000

1500

2000

2500

3000

3500

4000

4500

0

200

400

600

800

1000

1200

1400

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)












Announced Date




(US$m)




Moelis amp Company

27362




investor)



Markets


21775




JPMorgan


16700


Repsol SA 6700


VimpelCom Ltd 6403


Rothschild




4270



Eni SpA 4210



Credit Suisse 4093




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal


2 6 Deloitte 124 5 6 -1


Markets3289 2 - -


27 19 BDO 14 2 2 0- 20= Accuracy - 2 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




14 20 HSBC 820 3 2639 -689





0

200

400

600

800

1000

1200

1400

1600

1800

2000

0

100

200

300

400

500

600

700

Num

ber o

f Dea

ls

Val

ue o

f Dea

ls (U

S$b

n)

Value (US$bn)

Number of Deals





15190

10055

4667

6414

7258 6935

396

8

286

3

217

1

187

9 244

0

134

4

234

6

2649 2952

1216 1275 1839 1617

1161

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)





22

59

428

110

105

107

24

98

46

43 62

184

151

54 136

47

253

70










0

50

100

150

200

250

300

0

25

50

75

100

125

150

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)



21855




Group


3970



Generale

Onexim Group 3616


Tele2 AB 3550



Stake)


Stanley


3467





Corporate Finance


Partners

Royal Ahold NV 3109



Stanley


3001


Stanley



JPMorgan

Rabobank NV 2590


2500




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

7

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


51 68

356

101

136

65

43

61

97

23

34

146

210

98 97

41

33

32

257

52











0

500

1000

1500

2000

2500

3000

3500

4000

4500

0

200

400

600

800

1000

1200

1400

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)












Announced Date




(US$m)




Moelis amp Company

27362




investor)



Markets


21775




JPMorgan


16700


Repsol SA 6700


VimpelCom Ltd 6403


Rothschild




4270



Eni SpA 4210



Credit Suisse 4093




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal


2 6 Deloitte 124 5 6 -1


Markets3289 2 - -


27 19 BDO 14 2 2 0- 20= Accuracy - 2 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




14 20 HSBC 820 3 2639 -689





0

200

400

600

800

1000

1200

1400

1600

1800

2000

0

100

200

300

400

500

600

700

Num

ber o

f Dea

ls

Val

ue o

f Dea

ls (U

S$b

n)

Value (US$bn)

Number of Deals





15190

10055

4667

6414

7258 6935

396

8

286

3

217

1

187

9 244

0

134

4

234

6

2649 2952

1216 1275 1839 1617

1161

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)





22

59

428

110

105

107

24

98

46

43 62

184

151

54 136

47

253

70










0

50

100

150

200

250

300

0

25

50

75

100

125

150

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)



21855




Group


3970



Generale

Onexim Group 3616


Tele2 AB 3550



Stake)


Stanley


3467





Corporate Finance


Partners

Royal Ahold NV 3109



Stanley


3001


Stanley



JPMorgan

Rabobank NV 2590


2500




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Announced Date




(US$m)




Moelis amp Company

27362




investor)



Markets


21775




JPMorgan


16700


Repsol SA 6700


VimpelCom Ltd 6403


Rothschild




4270



Eni SpA 4210



Credit Suisse 4093




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal


2 6 Deloitte 124 5 6 -1


Markets3289 2 - -


27 19 BDO 14 2 2 0- 20= Accuracy - 2 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




14 20 HSBC 820 3 2639 -689





0

200

400

600

800

1000

1200

1400

1600

1800

2000

0

100

200

300

400

500

600

700

Num

ber o

f Dea

ls

Val

ue o

f Dea

ls (U

S$b

n)

Value (US$bn)

Number of Deals





15190

10055

4667

6414

7258 6935

396

8

286

3

217

1

187

9 244

0

134

4

234

6

2649 2952

1216 1275 1839 1617

1161

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)





22

59

428

110

105

107

24

98

46

43 62

184

151

54 136

47

253

70










0

50

100

150

200

250

300

0

25

50

75

100

125

150

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)



21855




Group


3970



Generale

Onexim Group 3616


Tele2 AB 3550



Stake)


Stanley


3467





Corporate Finance


Partners

Royal Ahold NV 3109



Stanley


3001


Stanley



JPMorgan

Rabobank NV 2590


2500




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

1

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal


2 6 Deloitte 124 5 6 -1


Markets3289 2 - -


27 19 BDO 14 2 2 0- 20= Accuracy - 2 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




14 20 HSBC 820 3 2639 -689





0

200

400

600

800

1000

1200

1400

1600

1800

2000

0

100

200

300

400

500

600

700

Num

ber o

f Dea

ls

Val

ue o

f Dea

ls (U

S$b

n)

Value (US$bn)

Number of Deals





15190

10055

4667

6414

7258 6935

396

8

286

3

217

1

187

9 244

0

134

4

234

6

2649 2952

1216 1275 1839 1617

1161

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)





22

59

428

110

105

107

24

98

46

43 62

184

151

54 136

47

253

70










0

50

100

150

200

250

300

0

25

50

75

100

125

150

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)



21855




Group


3970



Generale

Onexim Group 3616


Tele2 AB 3550



Stake)


Stanley


3467





Corporate Finance


Partners

Royal Ahold NV 3109



Stanley


3001


Stanley



JPMorgan

Rabobank NV 2590


2500




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



2012Q1


(US$m)Deal

CountDeal


2 6 Deloitte 124 5 6 -1


Markets3289 2 - -


27 19 BDO 14 2 2 0- 20= Accuracy - 2 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




14 20 HSBC 820 3 2639 -689





0

200

400

600

800

1000

1200

1400

1600

1800

2000

0

100

200

300

400

500

600

700

Num

ber o

f Dea

ls

Val

ue o

f Dea

ls (U

S$b

n)

Value (US$bn)

Number of Deals





15190

10055

4667

6414

7258 6935

396

8

286

3

217

1

187

9 244

0

134

4

234

6

2649 2952

1216 1275 1839 1617

1161

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)





22

59

428

110

105

107

24

98

46

43 62

184

151

54 136

47

253

70










0

50

100

150

200

250

300

0

25

50

75

100

125

150

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)



21855




Group


3970



Generale

Onexim Group 3616


Tele2 AB 3550



Stake)


Stanley


3467





Corporate Finance


Partners

Royal Ahold NV 3109



Stanley


3001


Stanley



JPMorgan

Rabobank NV 2590


2500




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



0

200

400

600

800

1000

1200

1400

1600

1800

2000

0

100

200

300

400

500

600

700

Num

ber o

f Dea

ls

Val

ue o

f Dea

ls (U

S$b

n)

Value (US$bn)

Number of Deals





15190

10055

4667

6414

7258 6935

396

8

286

3

217

1

187

9 244

0

134

4

234

6

2649 2952

1216 1275 1839 1617

1161

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)





22

59

428

110

105

107

24

98

46

43 62

184

151

54 136

47

253

70










0

50

100

150

200

250

300

0

25

50

75

100

125

150

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)



21855




Group


3970



Generale

Onexim Group 3616


Tele2 AB 3550



Stake)


Stanley


3467





Corporate Finance


Partners

Royal Ahold NV 3109



Stanley


3001


Stanley



JPMorgan

Rabobank NV 2590


2500




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


22

59

428

110

105

107

24

98

46

43 62

184

151

54 136

47

253

70










0

50

100

150

200

250

300

0

25

50

75

100

125

150

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)



21855




Group


3970



Generale

Onexim Group 3616


Tele2 AB 3550



Stake)


Stanley


3467





Corporate Finance


Partners

Royal Ahold NV 3109



Stanley


3001


Stanley



JPMorgan

Rabobank NV 2590


2500




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Announced Date




(US$m)



21855




Group


3970



Generale

Onexim Group 3616


Tele2 AB 3550



Stake)


Stanley


3467





Corporate Finance


Partners

Royal Ahold NV 3109



Stanley


3001


Stanley



JPMorgan

Rabobank NV 2590


2500




2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



2012Q1


(US$m)Deal

CountDeal

CountCount






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



35 15= Lazard 1488 1 610 1439




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change


84 11 HSBC 782 1 - -74 12 DC Advisory 373 4 - -





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



3001 1 8 37413



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets307 1 - -



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets307 1 - -




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Markets430 2 1 1




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Markets430 2 4136 -896



21 15 PwC 129 3 928 -861




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Finance3970 1 1 0



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Finance3970 1 7 56614




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



22 13= KPMG 1021 1 66 14471 15 Rothschild 320 3 2652 -879


Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



0

200

400

600

800

1000

1200

1400

0

100

200

300

400

500

600

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





13448

7510

6877 7193

8174 8350

450

4

228

5

775

204

6

242

7

178

5

306

9

3610

1445 1989

1458

2471

1250 1670

0

200

400

600

800

1000

1200

1400

1600

2007 2008 2009 2010 2011 2012 Q1 2013

Val

ue o

f Dea

ls (U

S$b

n)




62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


62

67

261

54 174

50

89

122

116 05

28

228

166

58 107

18 18

31

307

39











0

25

50

75

100

125

150

175

200

225

250

275

300

325

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Announced Date




(US$m)




Company

27362


investor)



Markets


21775




JPMorgan


16700


Rothschild




4270



Credit Suisse 4093



Investment Bank









3750




Estate Group





SuperValu Inc 3300



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change


Markets231 4 2 2



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change






0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



0

100

200

300

400

500

600

700

800

0

20

40

60

80

100

120

140

160

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals






3427 3475

2946

3625 3582 3589

141

0

918

902

105

9

132

0

739

884

851 747

458

666

897 838

598

0

50

100

150

200

250

300

350

400

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


46

39

346

195

168

43

35 20

93 14

29

121

252

89 193

39

55

15

106

102











0

25

50

75

100

125

150

175

0

5

10

15

20

25

30

35

40

45

50

55

60

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)














Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Announced Date




(US$m)



Investment Bank


Seadrill Ltd 2900






(85 Stake)



2485





1912



1774







Limited






Limited

Morgan Stanley 1508




1236


Ltd



Stake)



SGPS SA

1161



Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

ValChange







Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change





Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change



Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change





Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change






Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change







Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change




Q1 2012


Value (US$m)

Deal Count

Deal Count

Count Change




Q1 2012


Value (US$m)

Deal Count

Value (US$m)

Val Change








0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



0

20

40

60

80

100

120

140

160

0

5

10

15

20

25

30

35

40

45

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)

Value (US$bn)

Number of Deals





882

558

784

612

832

722

170

322

122

297

68

215

171

261

173

106 139

118 149

81

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


80 07

113

333

07

273

07

13

133

33

98

73

207

61

244

73

24

85

134











0

10

20

30

40

50

60

70

80

0

10

20

30

40

50

60

Num

ber o

f dea

ls

Valu

e of

Dea

ls (U

S$bn

)



Inbound No of Deals













Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Announced Date







721




565


amp Beverage Ltd

486













321





Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Ranking Q1 2013 Q1 2012 Q1

2012Q1


(US$m)Deal

CountDeal

CountCount




Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change





0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


0

10

20

30

40

50

60

0

5

10

15

20

25

30

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)







871

504

325

541

443

526

159

346

146

78

127

69

195

199

131

53

253

197

92

185

0

10

20

30

40

50

60

70

80

90

100

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Announced Date




(US$m)


VimpelCom Ltd 6403



Eni SpA 4210


Family



Stake)


2210


Abu Dhabi




548





Indonesia

481



management)








226




2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



2012Q1


(US$m)Deal

CountDeal

CountCount








Q1 2012


Value (US$m)

Value (US$m)

Deal Count

Val Change






0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



0

5

10

15

20

25

30

0

50

100

150

200

250

o

f Glo

bal M

ampA

Valu

e of

Dea

ls (U

S$bn

)







4510

3871

3297

5024 4824

5244

173

6

150

5

123

5

110

7

179

2

945

192

9

868 1038

571

1303 1422

1056 882

0

100

200

300

400

500

600

2007 2008 2009 2010 2011 2012 Q1 2013

Valu

e of

Dea

ls (U

S$bn

)




06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


06

97 19

89

321 193

141

41

23 70

14 26

31

101

05

286

133

111

86

32

176












0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

Num

ber o

f Dea

ls

Valu

e of

Dea

ls (U

S$bn

)













Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2


Announced Date




(US$m)


VimpelCom Ltd 6403





Generale

Onexim Group 3616


Tele2 AB 3550





2900






(85 Stake)



Ltd

2485



Stake)


2210




RWE AG 2043





2000





1912




0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



0

5

10

15

20

25

30

0

100

200

300

400

500

600

700

800

900

Val

ue o

f Dea

ls (U

S$b

n)

Per

cent

age

of G

loba

l Mamp

A


0

10

20

30

40

50

60

70

80

0

1

2

3

4

5

6

7

8

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

Deb

tTot

al F

undi

ng (

)


Deb

tEB

ITD

A M

ultip

le (x

)















0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



0

10

20

30

40

50

60

70

80

90

0

50

100

150

200

250

300

350

400

450

Perc

enta

ge o

f Tot

al E

xits

(exc

l IP

Os)

Valu

e of

Dea

ls (U

S$bn

)


6

8

10

12

14

16

18

20

22

24

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013

EBIT

DA

Mul

tiple

(x) -

Ave

rage

Global US Europe










Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



Value (US$m)




individual)



consortium










RWE AG 2043


Announced Date


(US$m)





2569


Partners

2070






1488





280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2



280 235 201 204 234 225 247 247 234 237

245

220 208 230 193 205

275 262 275 278

255

300

270 299 279 275

324 342 294 269

219 244 320

267 294 296

154 149 196 216

0

10

20

30

40

50

60

70

80

90

100

2004 2005 2006 2007 2008 2009 2010 2011 2012 Q1 2013


0

5

10

15

20

25

30

35

40

0

200

400

600

800

1000

1200

Valu

e of

Dea

ls (U

S$bn

)













About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2

About mergermarket




















Deal Criteria

Criteria









ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Page 51

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2








ANALYSIS

DEALS DATABASE





Button 1

Page 1 Off

Page 2

Button 2

Page 4 Off

Page 9

Page 20

Page 29

Page 37

Page 44

Page 46

Page 47

Page 49

Button 4

Button 5

Button 6

Button 7

Button 8

Button 9

Button 10

Law firms 2

Button 3


Investment bank 2

Merger Market Financial Advisor League Table q 12013

Documents

Transcript of Merger Market Financial Advisor League Table q 12013