April 23, 2024
JP Morgan, UBS led all mining M&A financial advisers by value in Q1 – report
Aurojyoti Bose, lead analyst at GlobalData, said their involvement in the $2.2 billion Alcoa-Alumina M&A deal helped these two firms top the chart by value. They were followed by Bank of America with $1.7 billion, while Goldman Sachs and Jefferies jointly occupied the fourth position, each at $970 million. In terms of deal volume, three groups tied for first place with two deals each, but Eight Capital led the way in their total value at $272 million. Grant Samuel Group and RBC Capital Markets also advised on two deals, with total values of $178 million and $60 million respectively. GlobalData also