SBC Warburg top for cross-border deals

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The Independent Online
SBC Warburg, the Swiss-owned investment bank, has topped Acquisition's Monthly's league table of financial advisers on European cross-border deals for January to June this year, improving its position by seven places from last year. It advised on a total of 18 deals worth pounds 6.9bn, the largest of which was the pounds 2bn acquisition of the outstanding 43 per cent of Roussel-Uclaf of France by Hoechst of Germany.

US bank Morgan Stanley consolidated its position as second in the table, while UBS jumped 15 place to the number three spot.