Deals
UBS Grabs Biggest Share of Australia M&A Since 2004
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UBS AG is taking the biggest share of Australian mergers advisory since 2004 after working on four of this year’s five largest transactions involving local companies, as deal making rebounds from a slump.
UBS, Switzerland’s biggest bank, has been involved in deals accounting for 42 percent of the $124 billion of mergers involving Australian companies this year, according to data compiled by Bloomberg. The company overtook New York-based Goldman Sachs Group Inc.’s local affiliate and Macquarie Group Ltd. to gain the top spot in Australian M&A advisory.