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Best firms for Aussie M&A highlighted
The top firms for Australian M&A during the third quarter of 2016 have been revealed, with combined volumes rising 118.5 per cent on the previous quarter.
Emma Musgrave
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According to the Australia M&A Trend Report Q1-Q3 2016, conducted by Mergermarket, total Australia-targeted M&A activity increased 118.5 per cent on Q2, totalling $18.3 billion and 124 deals.
King & Wood Mallesons took out the top spot for M&A legal adviser by value, with $36.6 billion.
This was followed by Allens, which recorded a total M&A deal value of $33.2 billion, Gilbert + Tobin with $30.2 billion, and Herbert Smith Freehills with $28.1 billion during the quarter.
The next firm with an Australian presence to make the list was MinterEllison, which recorded a total deal value of $16.1 billion in the third quarter of 2016.
Moving on to the top M&A legal advisers by deal count, King & Wood Mallesons again took out first place, recording 42 deals in total.
This was followed by Herbert Smith Freehills with 38 deals, Gilbert + Tobin with 36 deals, MinterEllison with 35 deals and Allens with 29 deals.
The report also revealed that transport is the sector that has seen the largest growth in M&A deal values so far this year.
However, the report noted a drop in cross-border M&A transactions this year, with inbound deal value down by 2.9 per cent between the first and third quarter of 2016, compared with the same period in 2015.
Meanwhile, outbound deals have fallen 67.2 per cent between the first and third quarter of 2016, compared with the same period in 2015.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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