Global merger volume fell by more than one third in 2009’s first three quarters, and M&A fees were down by half. By all measures it was a tough environment for takeovers — and perhaps the ultimate challenge for deal makers. In recognition of this, Institutional Investor introduces Rainmakers of the Year, a feature that singles out the bankers behind six of the world’s top ten acquisitions by fees, as estimated by Dealogic.
| Top ten 2009 Deals Ranked by Fees |
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| The ten deals are ranked according to Dealogic’s estimate of the total M&A fees they generated. The research firm reckons they range broadly from $100 million to $250 million. It declines, however, to cite specific figures for each deal. |
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| 1. Pfizer–Wyeth Corp. |
| 6. Dow Chemical Co.–Rohm & Haas |
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| 2. Gas Natural SDG–Union Fenosa |
| 7. Merck & Co.–Schering-Plough |
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| 3. Schaeffler KG–Continental |
| 8. Suncor Energy–Petro-Canada |
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| 4. Lloyds TSB Group–HBOS |
| 9. General Motors Corp. |
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| 5. Electricité de France–British Energy |
| 10. Verizon Communications–Alltel |
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| Source: Dealogic. |
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