Goldman has a $100bn day

Lloyd Fonzie Blankfein

Goldman's best ever day ?

On one day alone, Goldman Sachs has helped shepherd roughly $100bn worth of merger deals.

The New York Times reports that the investment bank was one of only three financial advisers on Royal Dutch Shell’s nearly $70bn acquisition of the BG Group, and is leading Mylan’s $29bn unsolicited takeover bid for the Irish drug maker Perrigo.

It’s a stellar day for any bank and firmly cements Goldman’s lead atop the rankings of merger advisers. The Shell deal also provides a big lift to the other firms that worked on the transaction, Bank of America Merrill Lynch and the British boutique Robey Warshaw.

The acquisition of the BG Group in particular — the biggest deal so far this year — will bolster the fortunes of the three firms involved. 

To access the complete New York Times article hit the link below:

A Rich Day for Banks Advising on Big Merger Deals

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