PricewaterhouseCoopers closed the highest number of merger and acquisition
deals last year, according to the European deal rankings table compiled by
PwC, which recorded 234 deals worth €55.1bn (£37.9m) in 2005, climbed from
fourth place in the 2004 rankings to edge out rival KPMG, which advised on 230
deals worth €20.7bn.
Ernst & Young worked on 141 deals worth €41.3bn, to take fourth position
in the volume table, with Deloitte in sixth place, with 140 deals worth €20.2bn.
PwC also topped the UK deal volume table with 145 deals worth €34.6m. KPMG,
completed 109 deals worth €8.8bn in second place. Deloitte was fourth, working
on 69 deals worth €6bn and Ernst & Young was 7th, earning €17.3bn for work
on 52 transactions.
In terms of deal values, however, it was the investment banks who continued
to dominate M&A activity.
Goldmann Sachs topped the European table with 122 deals worth €329.9bn as
well as the UK rankings with 49 deals worth €122.2bn.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.