Abbey deal aids return of Brunswick to first place

Brunswick clawed its way back to the top of the Deal Watch table for November after working on deals worth £4.4bn more than those that gave it second place in October.

In addition to the final stages of Banco Santander Central Hispano’s (BSCH) acquisition of client Abbey National, Brunswick handled PR for Brixton’s £600m purchase of Jersey-based Industrious Holdings.

Brunswick was closely followed by Finsbury, which is advising conglomerate Novar on cash-shell Melrose’s £625m hostile approach for the company. The deal also helped M: Communications reach number six.

The Maitland Consultancy moved up three places to third position after securing itself a place as adviser alongside Brunswick to BSCH on the Abbey deal.

Tulchan Communications was the table’s other biggest climber, moving from ninth position in October to fourth place in this month’s top ten, having worked for Marks & Spencer on the sale of its financial services operation to HSBC.

Deal Watch compiler Zephyr head of research Ed Mountifield said there had been more than 1,200 deals in November.

‘It is still cheap to borrow money for acquisitions and companies now feel the time is right to go out and make those deals,’ Mountifield told PRWeek.

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