Mergermarket has released its M&A league tables for the first half of 2017. Shardul Amarchand Mangaldas has topped the deal value table, with 16 deals valued at $16.7 billion. AZB & Partners has recorded the highest number of deals (32) for H1 2017..The $12.7 billion Idea-Vodafone merger, which took place back in March, remains the highest value deal in the Asia-Pacific region thus far this year. That deal has helped a couple of Indian firms feature at the top of the league tables..Deal Value.One of the firms involved in that deal, AZB, is in a close second place in the deal value tables, with 32 deals at $16.6 billion. S&R Associates, who acted for Vodafone, is third with 6 deals at $13.2 billion, followed by Vaish Associates – who appeared for the other side – with 3 deals at $12.9 billion..The other two firms on the deal – Slaughter & May and Bharucha & Partners – are in fifth and sixth places, with 2 deals at $12.8 billion and 1 deal at $12.7 billion respectively..The rest are far behind; Trilegal is in seventh with 16 deals at $2.8 billion, followed by Cyril Amarchand with 26 deals at $2.7 billion and Nishith Desai Associates with 8 deals at $1.9 billion. Desai & Diwanji and PDS Legal are the other Indian firms in the top 15..The foreign firms include Drinker Biddle & Reath, Mayer Brown, Morrison & Foerster and Davis Polk & Wardwell..RankFirmDeal Value ($ billion)Deal Count1Shardul Amarchand Mangaldas16.7162AZB & Partners16.6323S&R Associates13.264Vaish Associates12.935Slaughter & May12.826Bharucha & Partners12.717Trilegal2.8168Cyril Amarchand Mangaldas2.7269Nishith Desai Associates1.9810Drinker Biddle & Reath1.41110Mayer Brown1.41112Morrison & Foerster1.4113Desai & Diwanji1.3914PDS Legal1.08615Davis Polk & Wardwell1.062.Deal Count.Cyril Amarchand has the second most deals after AZB, with 26. Khaitan & Co has 19 deals, followed by Shardul Amarchand and Trilegal with 16 each. JSA, DSK Legal, Desai & Diwanji, Nishith Desai Associates and HSA Advocates complete the top ten..The other Indian firms with most deals include S&R, PDS Legal, Luthra & Luthra and Bathiya Legal..RankFirmDeal Value ($ billion)Deal Count1AZB & Partners16.6322Cyril Amarchand Mangaldas2.7263Khaitan & Co.0.8194Shardul Amarchand Mangaldas16.7165Trilegal2.8166JSA0.6147DSK Legal0.5108Desai & Diwanji1.399Nishith Desai Associates1.9810HSA Advocates0.4711S&R Associates13.2612PDS Legal1.08613Luthra & Luthra0.4614Goodwin Procter0.2414Bathiya Legal0.044.International impact of Indian firms.The five Indian firms involved in the Vodafone-Idea deal find their way into the Asia-Pacific (ex. Japan) league table by value. AZB & Cyril Amarchand featured in the deal count table..Private Equity Tables.Shardul Amarchand featured in the Asia-Pacific (buyouts+exits) Private Equity league table by deal value, with 4 deals at $1.8 billion. AZB, Khaitan, Cyril Amarchand and Trilegal all featured in the deal count table..Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
