While winter may be fast-approaching there were no signs—according to IFLR1000's selection of deal announcements—of a freeze in M&A and capital markets this October as acquisitions continued to make the headlines, companies continued to list on stock exchanges, and bonds continued to sell—especially those denominated in euros. Deals were spread across a vast array of industries with financial services, consumer goods, food and beverage, and government and public policy pipping to the post.

The People's Republic of China, which last sold a global bond in 2004, reinforced its position as a global player in the financial markets with the sale of a $2 billion sovereign bond; Global Infrastructure Partners acquired Equis Energy for $5 billion which is the largest renewable energy generation acquisition to date; and BAWAG undertook an IPO on the Vienna Stock Exchange raising €1.9 billion, which the largest ever on Vienna's stock exchange.

M&A deal values have increased this month at just over $55 billion at the top end of the market, with Freshfields Bruckhaus Deringer leading the field at a 32.6% value increase for itself when compared to this time last year. The firm has been particularly active in the Netherlands helping CVC Capital Partners buy TMF Group from DH Private Equity Partners, and assisting British Columbia Investment Management Corporation (bcIMC) purchase Rotterdam-based bottling company Refresco. With regard to the deal volume table there are no prizes for guessing which firm took pole position as Kirkland & Ellis—with 25 deals in October—tightened its grasp at the top for the twelfth time in the past 14 months.  

Elsewhere we have seen a number of landmark deals. Vodafone India agreed a $23 billion merger with Mumbai-based mobile network operator, Idea Cellular, to create India's largest telecom player; Grupo Financiero Banorte acquired Grupo Financiero Interacciones for $1.4 billion to form the second biggest bank in Mexico; and Chinese fintech company Qudian raised $900 million in a NYSE IPO to continue a trend of foreign entities listing in the United States.

If you have any public deal announcements you would like us to take into account for our reports please send them to - amajeed@iflr1000.com

With the EMEA segment of IFLR1000 Deal Data—a fully searchable database whose BETA version went live in May last year—in full effect, the Asia-Pacific launch is close at hand. This database of significant deal records from over 120 countries will include searchable and filterable data on the most significant legal transactions from around the globe, and all of our featured monthly deals will be included along with many more garnered from the IFLR1000's own research, press releases and other deal announcements.

Below you can access our top picks for October 2017 linked to their record in the new deals database.

Adam Majeed - Asia-Editor


Mergermarket table 1 - Law firms by global M&A deal value

Mergermarket table 2 - Law firms by global M&A deal volume


Deal 1: BAWAG Vienna Stock Exchange IPO


Jurisdictions: Austria

Deal type: IPO

Industry sectors: Banking

Deal 2: Camil Alimentos IPO

Jurisdictions: Brazil

Deal type: IPO

Industry sectors: Consumer goods and services

Deal 3: CVC €1.75 billion acquisition of TMF

Jurisdictions: Netherlands

Deal type: Private acquisition

Industry sectors: Food and beverage

Deal 4: Elis €400 million convertible bonds issue

Jurisdictions: France

Deal type: Convertible and hybrid securities

Industry sectors: Consumer goods and services

Deal 5: Express Scripts $3.6 billion acquisition of eviCore

Jurisdictions: United States

Deal type: Private acquisition

Industry sectors: Healthcare

Deal 6: GIP $5 billion acquisition of Equis Energy

Jurisdictions: Singapore

Deal type: Private acquisition

Industry sectors: Energy

Deal 7: Grupo Financiero Banorte $1.4 billion acquisition of Grupo Financiero Interacciones

Jurisdictions: Mexico

Deal type: Private acquisition

Industry sectors: Financial services

Deal 8: Intercity Express Programme


Jurisdictions: United Kingdom 

Deal type: Asset finance, Asset acquisition, Procurement

Industry sectors: Transport

Deal 9: MTPC $1.1 billion acquisition of NeuroDerm

Jurisdictions: Japan, Israel

Deal type: Private acquisition

Industry sectors: Pharmaceuticals and life sciences

Deal 10: PAI Partners and bcIMC €1.6 billion acquisition of Refresco

Jurisdictions: Netherlands

Deal type: Public acquisition

Industry sectors: Food and beverage

Deal 11: PRC $2 billion sovereign bond issue

Jurisdictions: China

Deal type: Sovereign bond issue 

Industry sectors: Government and public policy

Deal 12: Qudian NYSE IPO

Jurisdictions: United States

Deal type: IPO

Industry sectors: Financial services

Deal 13: Republic of Hungary €1 billion 1.75% sovereign euro bond issue

Jurisdictions: Hungary

Deal type: Sovereign bond issue

Industry sectors: Government and public policy

Deal 14: TI Fluid LSE IPO

Jurisdictions: United Kingdom

Deal type: IPO

Industry sectors: Automotive

Deal 15: Vivendi €850 million 0.875% bond issue

Jurisdictions: France

Deal type: Investment grade bond/note issue

Industry sectors: Media

Deal 16: Vodafone India $23 billion merger with Idea Cellular

Jurisdictions: India

Deal type: Merger

Industry sectors: Technology and telecommunications



Sam Duke - Editor

Adam Majeed - Asia-Pacific Editor

Ben Naylor - EMEA Editor

Jon Moore - Journalist EMEA

Jordan Hughes - Journalist EMEA

Wai Yee Tsang - Journalist Asia-Pacific

Rani Mehta - Journalist Latin America

Kurt Stumpo - Journalist - North America and the Caribbean

Katrin Kostadinova - Data Analyst - Global