HONG KONG, June 30 (Reuters) - The value of announced M&A deals for Asia-Pacific companies, excluding Japanese firms, fell 17.7 percent to $553 billion in the first half of the year, according to preliminary data released by Thomson Reuters.
Completed deals in the same period totalled $316.7 billion, down 28.3 percent.
Goldman Sachs was the top-ranked financial advisor while Morgan Stanley (NYSE:MS) came first in M&A fee rankings for completed deals in the region.
The first half of the year also saw record outbound deals announced by Chinese firms, totalling $121 billion. a related story on a new breed of Chinese acquirers, please double click on: advisor
Value
Rank for first half last
including debt
year
($ bln)
Goldman Sachs & Co (NYSE:GS)
120.9
1 CICC
103.1
38 CITIC
87.3
12 UBS
79.8
7 Credit Suisse (SIX:CSGN)
79.6
9 JP Morgan
79.3
11 Morgan Stanley
69.6
4 HSBC
62.1
2 China Construction
47.8
Bank*
ICBC
47.1
14 *Not in top 25 in
the first half last
year
Source: Thomson Reuters
Asia-Pacific (Excluding Japan) M&A fee ranking Rank Bank Name
Fees ($mln) Fees
(%)
1 Morgan Stanley
92.7
103.2
2 Goldman Sachs
79.6
-25.6
3 Credit Suisse
79.3
47.5
4 Macquarie
76.7
5.6
Group
5 UBS
68.6
13.1
6 CICC
57.9
62.3
7 Bank of
56.5
14.7
America
Merrill Lynch
8 Citi
46.6
-32.9
9 ICBC
38.5
-9.2
10 Rothschild
32.9
132.3
Source: Thomson Reuters/Freeman Consulting Co Based on Asia Pacific completed M&A deals