News

Alfa-Bank holds the leading position in the table with a total deal value of $ 8.931 billion from 12 transactions.

The first six banks in the table were financial advisors for the landmark $8 billion joint venture between BP and Alfa Group / Access-Renova, signed in London on June 26th, 2003.

Along with the BP-TNK deal, the other transactions contributing to Alfa-Bank’s first place are the sale of ICN Pharmaceuticals assets in Russia and the acquisitions of 49% stakes in Eniseytelecom and BaykalWestCom for Sibirtelecom.

Alfa-Bank’s corporate finance department is headed by Mr. Alexandr Tolchinsky, Member of the Executive Board.

Alfa-Bank was named Best M&A Advisor and Best Bank in Russia by Global Finance magazine in 2003.

“The Energy sector has been one of the driving industries behind Russian and European M&A in 2003. Alfa-Bank’s successful performance in M&A and our leading the League Table is based on high professionalism of the bank’s corporate finance team and invaluable partnership with best financial institutions both in Russia and West,” says Kirill Stein, Director, Deputy Head of Corporate Finance.

According to the RussiaDeal News Release, the league table includes deals with any Russian involvement completed between January 1, 2003 and December 31, 2003 and made aware to RussiaDeal. The table includes acquisitions, mergers, fairness opinions, share placements/issues, privatizations and debt restructurings. In the case of mergers, the deal value is assumed to be equal to the value of the stake in the target company. The table does not include the pending acquisition of Sibneft by Yukos.

RussiaDeal League Table of Financial Advisers, 2003

RankAdviserValue (US$ m)Number of Deals
1Alfa-Bank8,93112
2Goldman Sachs8,4252
3Morgan Stanley8,0753
4JP Morgan8,0573
5United Financial Group7,99411
6Merrill Lynch7,6542
7Citigroup1,9582
8UBS Warburg1,7594
9Troika Dialog1,38815
10CSFB1,0475
11ABN AMRO6963
12Dresdner Kleinwort Wasserstein6301
13PricewaterhouseCoopers3981
14BNP Paribas2371
15ING Barings2243
16City Capital Corporation1503
17SARS Capital1363
18CA IB1072
18Renaissance Capital1071
20Seymour Pierce981
21Central European Trust611
22FINAM484
23HSBC441
24VEO-Otkrytie411
25Solid251