Glencore bid drives market as deals fall to three-year low; Freshfields and King & Wood among top-ranked

Linklaters has topped Mergermarket’s European M&A rankings by value and volume for the first quarter of 2012, with the magic circle law firm seeing its position boosted by a role on the largest global deal of the period – the proposed $53.5bn (£33.4bn) merger between commodities trader Glencore and mining giant Xstrata.