FD advised pharmaceutical holding company Warner Chilcott on a £1.6bn management buyout led by Warner Acquisition. FD also advised cement company Aggregate Industries, which rival cement manufacturer Holcim acquired last month in a £1.5bn deal. Citigate Dewe Rogerson advised Holcim.
Finsbury, Brunswick and Citigate held their respective second, third and fourth positions. Finsbury advised Standard Chartered on its £1.7bn acquisition of Korea First Bank, and Brunswick advised DGL Acquisitions on its £2.1bn acquisition of Duelguide.
Buchanan Communications dropped one place to ninth position in January, as five firms returned to the top ten. Maitland took fifth place after advising Aberdeen Asset Management on the sale of its stake in Lombard International Assurance to Friends Provident, which takes sixth place.
Smithfield also re-entered in seventh place after advising BHP Billiton on the £342m sale of Integris Metals Corporation to Ryerson Tull. At £18.1bn, January 2005 was £2.4bn better than a year ago, when the top ten firms worked on £15.7bn of deals.
1 Financial Dynamics
3 Brunswick Group
4 Citigate Dewe Rogerson
5 The Maitland Consultancy
6 Bell Pottinger Corp & Finan
8 Weber Shandwick Square Mile
9 Buchanan Communications
10 Hogarth Partnership
Source: ZEPHYR published by Bureau van Dijk