Germany’s Deutsche Bank has reportedly been flung into the top of South Korea’s mergers and acquisitions advising business, guiding $8 billion worth of transactions this year, according to reports.
Beer giant Anheuser-Busch InBev’s $5.8 billion acquisition of Oriental Brewery played a major factor for Deutsche Bank’s boost, reports say. The deal marked South Korea’s largest M&A deal this year.
Reports say Morgan Stanley is in second place, having advised on $7.8 billion worth of deals; Citigroup is third with $7.7 billion in deals.
Full Content: Bloomberg
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