According to McKinsey, the three main sectors in terms of the operation adjustment, are energy and world materials (GEM); telecommunications, media and technology (TMT); and financial services. “You saw a big [TMT] Offers in the United States, but also here in Europe, “McKinsey, Mieke Van Oostende, Senior Partner in Brussels and Co-Leader of the World Council practice in Brussel Global finance. “Another sector that has made a major jump is the bank, which includes investment capital.”
The wave of mergers and acquisitions from the GEM sector was motivated by the resource safety race. Industry giants have executed transformative agreements, signaling strategic changes to renewable energies and integrated energy solutions.
One of the largest transactions of the year was the merger of $ 26 billion in Diamondback Energy with Endeavour Energy Resources. Mineral resources have also taken the spotlight. Rio Tinto bought an arcadium minor lithium for $ 6.7 billion; Lithium is considered vital for the electric vehicle and battery industries.
Meanwhile, Abu Dhabi National Oil Company finalized its acquisition of the main German chemical company Covestro for more than $ 16 billion. Also in Europe, the Electric-Utility Electric Uberdrola Electric-Utilola company acquired an 88% participation in the United Kingdom electricity in the North West for 2.5 billion euros (around 2.7 billion dollars). The transaction supports the concentration of Iberdrola on electricity networks, because the continent is increasingly prioritizing resilience and modernization of grids.
In the TMT sector, the United Kingdom, competition and market authority markets approved a melting of $ 19 billion between Vodafone UK and Three UK telecommunications companies, creating a mobile network provider with more than 27 million customers. In Italy, Telecom Italia has sold its fixed network to the US Fund KKR for 22 billion euros, the Italian government acquiring a 16% stake in the network. In Australia, TPG Telecom has sold its fiber and fiber network infrastructure assets (owned by Macquarie Asset Management and Super-Fund Super) for $ 5.25 billion ($ 3.3 billion).
Van Oostende expects that banking consolidation will continue, because more and more countries are looking for “gentle landing” thanks to the drop in interest and inflation rates. –Antony noto
World winners in the sector
Financial institutions: UBS
In 2024, UBS showed solid net profit and high customer activities. Revenue based on the underlying transactions of the Swiss giant is up two figures with strong growth in revenues in the World Bank and the world markets. It has also granted or renewed on 70 billion CHF (more than $ 79 billion) of loans in Switzerland throughout the year. UBS also advised Swiss Financial Services Company Six Group on its acquisition of Exchange Aquis for 225 million British pounds (291 million dollars), a decision that strengthened the European trade market.
This year, UBS expects attractive capital yields to continue, which has increased by around 10% dividends per share. The bank plans to buy $ 1 billion in shares in the first half of 2025 and an additional $ 2 billion in the second half. —Lyndsey Zhang
Health: JP Morgan
JP Morgan’s efforts to generate transactions and a commercial dialogue thanks to its annual health care conference continued to bear fruit last year, despite a difficult period for transactions in general.
With volumes of mergers and acquisitions on the health and life sciences down 28% for the first 10 months of 2024 compared to the same period in 2023, according to Bain & Co. Research, the Mammoth Bank has always succeeded in participating as a key advisor in several of the main transactions in the sector. In the benchmark, $ 16.5 billion in catalent acquisition by the life science investor Novo Holdings, completed in December – the largest in the sector for the year – the bank acted as main financial advisor for the side of the sale. He also played a key role as an exclusive financial advisor for international flavors and perfumes in the sale of his company of pharmaceutical solutions to the huge manufacturer of French Roquette gastronomy for $ 2.85 billion. —Thomas Monteiro
Industrial / chemicals: BRADESCO BBI
Brazil’s Bradesco BBI has sponsored several of the most important agreements of the year in industrialists and chemicals. In the middle of a volatile year on the Brazilian market, the variety and rapid anticipation of market trends were the keys to the success of the bank. He sponsored transactions ranging from mergers and acquisitions to stock tickets and business obligations.
In the public sector, Bradesco BBI has acted as a book of books for world tickets of $ 1 billion in world tickets denominated in 2035. In the private sector, he acted as the main coordinator of bioethanol and Titan Cosan Cosan 500 million tickets. Bradesco also advised Brazilian oil and gas producer EnaTa in her merger with 3r Petroleum for around 1.2 billion dollars, a historic agreement for the sector. In industrialists, the bank acted as a book book for the issue of $ 130 million business debts in the creation of $ 130 million, as well as the Ford and Toyota bond offers from Ford and Toyota each. —TM
Infrastructure and project financing: European Bank for Reconstruction and Development
It was a record year for the European Bank for Reconstruction and Development (BERD), with more than $ 17 billion invested in world -scale infrastructure and development projects, representing an increase of 30% of year. More important than the value of the dollar, however, was the impact of the damn of the many initiatives of the BERD. He contributed to supporting a positive change in the reconstruction of Ukraine to the Vital Energy Energy lines from the Central ASI to generate a key moldova agricultural infrastructure. In Ukraine, the bank deployed $ 2.6 billion to promote energy security as well as vital infrastructure and food security; And to sponsor trade in the country torn by the war. In Central Asia, the bank deployed more than $ 2.5 billion in 121 projects in six countries, almost double the amount it has invested in 2023. A huge 61% of these projects aimed to stimulate sustainable infrastructure projects in the region. —TM
The prices of rising metals, minors from around the world have challenged the high interest rate rate environment to display a 4% increase in annual sliding of transactions. BMO, the world leader in mining metals and advice and this year’s winner, played a key role in securing the largest agreements in the 2024 sector.
The Canadian giant has advised 12 key transactions, worth more than $ 18 billion. Among them, he acted as a book spouse on Cleveland-Cliffs to finance his acquisition of $ 2.8 billion from the Canadian steel manufacturer Stelco. He also advised Stelco on the side of the sale of the mergers and acquisitions transaction. BMO advised Gold Mining and Exploration Company Centamin on its sale at Anglogold Ashanti for $ 2.5 billion, one on the largest gold offers of 2024. On the side of the IPO, BMO acted as the sale book of $ 110 million of SPROTT Physical Copper Trust. —TM
Power / energy: Citi
For the first time since the Bonanza of mergers and acquisitions in 2021, the energy sector experienced more than $ 400 billion in acquisitions last year, according to Bain & Co. Research. The figures were mainly fired by 10 megados, with many average transactions helping to maintain the increase.
Citibank has taken advantage of its position from the historic sector management to help obtain some of the most important agreements of 2024. In the blockbuster, $ 26 billion Diamondback Energy and Endeavour Energy Resources Megamenger, he acted as the only branch of bridges committed and led the programs of a long -stand loan and the offers of first -row tickets. He then served as a mergers and acquisitions advisor and the Capital Markets of Diamondback. Citi also played a leading role in purchasing by the natural gas producer EQT of Equitrans Midstream, which helped create the only large -scale American and vertically integrated American gas company. —TM
Sports finance: Rothschild & Co
M&A Boutique M&A Advisory Rothschild & Co has outraged the booming sports industry and in direct consulting services for sports clubs. In this last category, the bank played a key role in the injection of equity of Tottenham Hotspur Football Club during a year of important losses for the Premier League club. Rothschild would now be in talks with investors for a mega-sale of club assets to an assessment of nearly $ 4.5 billion. The bank also works with West Ham United FC to call on new investments that could increase the competitiveness of the club. Still in the United Kingdom, Rothschild signed up with the Brentford FC in West London to increase investment offers that could potentially enhance the club to more than $ 500 million. On the other side of the Atlantic, Rothschild played a key role in the acquisition of the sports company, Draftkings for 195 million dollars in Simplebet, serving as an exclusive advisor on the sale side. —TM
It was a record year for Centerview Partners. The still private shop consulting firm – one of the remaining few in the company – deemed a record share of 5.35% of the US merchant -paradade consulting costs in 2024, mainly focused on communications and mergers and technological acquisitions. In the most notable transaction of the year of the company based in New York, she obtained a major score by advising the Special Committee of Paramount in the merger of $ 8.4 billion with Skydance Media. With a significant backlash of the shareholders of Paramount Group, the complex agreement required a high -level opinion. The bank was also an exclusive financial advisor on the side of the sale for the acquisition of the World Investment Company Permira of the Tout-en-One Content Management Management Company for $ 7.2 billion. Presenting its ability to work in complex situations more, the company was advisor to Media Behemoth Disney in its proxy dispute against Trian Partners and BlackWells Capital militant investors, as well as in the Disney rules with Valueact Capital. —TM
Best investment banks by sector 2025 | |
---|---|
Financial institutions | UBS |
Health care | JP Morgan |
Industrial / chemicals | BRADESCO BBI |
Infrastructure and project financing | European Bank for Reconstruction and Development |
Metals and mines | BMO capital markets |
Power / Energy | Citi |
Sports funding | Rothschild & Co |
Technology, media and telecommunications | Centerview Partners |