Brunswick tops table as pace eases in November

Brunswick moved to the top of November’s Deal Watch table after a month in which M&A activity slackened after ‘merger Monday’ on October 31.

Brunswick and third-placed Bell Pottinger C&F are working on DP World's £3.3bn bid for P&O.

The DP World brief has been a coup for Bell Pottinger, the table's biggest climber for the month. Brunswick (advising P&O) is also aiding Compagnie de Saint-Gobain's £3.8bn bid for plasterboard maker BPB, which retains second-placed Finsbury. Finsbury's other work includes Cable & Wireless's £710m acquisition of Energis-owner Chelys.

Falling from top to fourth, The Maitland Consultancy is advising Cadbury Schweppes on the sale of its European drinks arm to private equity groups Blackstone and Lion Capital for £1.8bn. The latter retains Penrose Financial (fifth).

Financial Dynamics and Citigate Dewe Rogerson fell to sixth and seventh place respectively. But the biggest faller was Hudson Sandler, which dropped from second to eighth, despite advising Westbury on Persimmon's £ 643m bid for the company.

Smithfield and Merlin rejoined the table in ninth and tenth respectively.

The total value of deals worked on by the top ten firms is less than a third of that racked up by the leading agencies in October.

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