Commentary: Tough M&A markets provide flight to Square Mile's finest
If the M&A world is proving unsurprisingly turbulent right now, a very select band of law firms have become highly adept at riding the hurricanes of international deal markets. Bids may be collapsing on funding problems, and the UK's deal market plainly slumped over the summer, but banking turmoil and the global run of consolidation in energy and commodities have proved a boon to a small group of leading firms.And none more so than Linklaters, which was already riding high in the rankings on the back of its lead role on the E144bn BHP Billiton/Rio Tinto bid and Q2's largest deal: InBev's takeover of rival drinks firm Anheuser-Busch.
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