Thomson Reuters has published a rating of investment banking services involving Russian companies in Q1 2016. According to this rating, Sberbank CIB1 occupies first place among consultants in terms of the volume of announced merger and acquisition (M&A) deals involving Russian companies, with a market share of 19.5%. Second and third place are held by VTB Capital (market share of 4.4%) and Scotiabank (market share of 0.7%), respectively.
“We are delighted that the work of the Sberbank CIB team has been recognised by Thomson Reuters’ prestigious international rating,” commented Oskar Ratsin, Managing Director, Head of Sberbank Merchant Banking & Advisory2. “In the first quarter our team was the financial advisor for a number of major deals, including Yandex’s acquisition of its headquarters in Moscow and Sberbank’s sale of its assets in Krasnaya Polyana ski resort. We experienced increased M&A market activity and pipeline growth in the first quarter, both in terms of volume and number of transactions compared to the same period last year. In 2016 we expect to see an increased number of major deals, in particular, privatisation of state-owned assets. We view this year’s prospects with optimism and will continue to deliver high quality services to our clients.”
According to Thomson Reuters, in Q1 2016 the announced volume of M&A deals involving Russian assets reached $2.9 bln, which is twice as large as the figure recorded in the same period last year. The volume of deals to acquire Russian companies increased by more than seven times compared to Q1 2015 and totalled $1.2 bln. The most activity was recorded in the power sector, where 25 contracts were signed to the amount of $1.6 bln, or 56% of the total volume of Russian mergers and acquisitions in Q1 2016.
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Sberbank CIB is the corporate and investment banking business of Sberbank. Its key areas of activity are corporate finance (including trade finance), the documentary business3, investment banking services, trade operations with securities, and private equity. Sberbank’s corporate and investment banking business provides integrated financial solutions and investment advisory services to its clients, which include major corporations, financial institutions, sovereign states and federal and sub-federal government bodies and organisations.
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