Corus sale to Tata sends Vaishanavi into top three

Financial Dynamics leapt to the top of the latest Deal Watch, having worked on more M&As, and deals of greater value, than any other City consultancy in January.

FD’s 26 deals were worth more than £10bn. The most high profile was Abertis’s purchase of 32 per cent of satellite operator Eutelsat. FD represented Cinven, which owned 10.9 per cent of the acquired firm before selling its stake to Abertis.

In second place, Brunswick had a role in many of January’s biggest deals – inc­luding aerospace and def­ence firm Smiths Group’s £2.5bn sale of its aerospace components division to General Electric.

Vaishanavi Corporate Communications entered the top three by virtue of one deal – advising Tata Steel on its £5.75bn takeover of Corus (formerly British Steel). FD (Tata UK) and Brunswick (Corus) also worked on the takeover.

Finsbury bagged fourth spot, working on five deals – more than £1bn ahead of Citigate Dewe Rogerson (fifth) in terms of total value.

The former agency’s biggest deal was Royal Dutch Shell’s attempt to acquire 100 per cent of Shell Canada.

CDR – which worked on 17 deals – adv­ised Mid Europa partners as it acq­uired mobile operator Bite from telecoms group TDC.

Tulchan Communications – which last week picked up Sports World’s potential listing (PRWeek, 2 February) – advised United Utilities as it offloaded Vertex Data Science to US private equity group VTX Holdings.

The Hogarth Partnership, in seventh, counselled Insurance Australia, which bought Equity Insurance for £570m from Duke Street Capital.

Hudson Sandler made its first appearance of the year, in eighth, ahead of Maitland, which topped the chart last month (PRWeek, 12 Jan).

DEAL WATCH January 2007 ranking
Ranking
Financial PR Company
No. of Deals
Deal Value £m
    
01. Financial Dynamics 26 £10,201
02. Brunswick Group
17
£9,539
03. Vaishanavi Corporate Comms 01 £5,751
04. Finsbury
05 £3,765
05. Citigate Dewe Rogerson
17 £2,371
06. Tulchan Communications
07 £647
07. The Hogarth Partnership
03 £628
08. Hudson Sandler
06 £467
09. Maitland 05 £419
10. College Hill
14 £351
    

Source: Zephyr published by Bureau van Dijk

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