The firm impressed the market when it reorganised its entire M&A team around a regional template. The bank is thus better able to harness global and cross-border expertise with local and regional knowledge.
The deals in which it has participated have shaped the M&A market. It was lead adviser to Adventis in its defence against Sanofi-Synthelabo. It subsequently acted as global co-ordinator in two equity offerings of Sanofi shares.
Paulo Pereira, head of European M&A, says: “This year, we have seen an acceleration in the broad-based recovery of the European M&A market. The recovery has been underpinned by strong fundamentals, and an increasing confidence and appetite for doing deals.
“The increasing momentum behind large, complex transactions with sophisticated financial engineering has played to Morgan Stanley’s strengths.”
