Goldman reigns again in record M&A year

It is adviser for deals worth US$1.7 trillion and retains No 1 spot despite losing several veterans

New York

AS iconic brands are snapped up and corporations merged and swallowed in a record-breaking whirl of deals, there has been one constant: Goldman Sachs Group Inc.

The Wall Street firm is once again top dog in the global M&A rankings, having advised on transactions worth close to US$1.7 trillion this year, more than the annual economic output of Australia, including Friday's US$130 billion tie-up between US chemical giants DuPont and Dow Chemical Co.

Goldman's No 1 status comes despite the bank...


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to