While the specific high-profile transactions involving bulge bracket investment banks may change over time, here are a few examples of recent notable deals and transactions involving some of these banks.
These examples highlight the involvement of bulge bracket investment banks in significant mergers and acquisitions, initial public offerings (IPOs), large-scale debt and equity offerings, and strategic advisory roles. It’s important to note that the investment banking industry is dynamic, and there are numerous other notable transactions and deals that these banks have been engaged in.
JPMorgan Chase & Co.:
- Advised Salesforce in its $27.7 billion acquisition of Slack Technologies.
- Served as the lead underwriter for the highly anticipated initial public offerings (IPOs) of companies like Airbnb and DoorDash.
Goldman Sachs Group, Inc.:
- Assisted in the $100 billion initial public offering (IPO) of Saudi Aramco, the world’s largest IPO.
- Acted as a financial advisor to NVIDIA in its $40 billion acquisition of Arm Holdings.
Morgan Stanley:
- Advised Advanced Micro Devices (AMD) in its $35 billion acquisition of Xilinx.
- Played a key role in the IPO of Coinbase, a leading cryptocurrency exchange.
Bank of America Merrill Lynch:
- Assisted in the $9 billion merger of Taboola and Outbrain, two prominent online advertising companies.
Citigroup Inc.:
- Acted as an advisor in AstraZeneca’s $39 billion acquisition of Alexion Pharmaceuticals.
- Assisted in Alphabet’s (Google’s parent company) $10 billion debt offering.
Barclays:
- Advised Liberty Global in the $38 billion sale of its operations in Germany, Hungary, Romania, and the Czech Republic to Vodafone.
- Assisted in the $30 billion merger between Willis Towers Watson and Aon, two global insurance and risk management firms.
Credit Suisse Group:
- Acted as a financial advisor to ABB in the $11 billion sale of its Power Grids division to Hitachi.
- Assisted in the $4.7 billion initial public offering (IPO) of Universal Music Group, one of the world’s largest music companies.
Deutsche Bank AG:
- Served as an advisor to Siemens in the $16.8 billion acquisition of Varian Medical Systems, a leading provider of cancer treatment solutions.
- Assisted Uber Technologies in its $2.65 billion acquisition of Postmates, a food delivery company.
UBS Group AG:
- Acted as a financial advisor to Intuit in its $12 billion acquisition of Credit Karma, a personal finance company.
- Assisted in the $4.4 billion initial public offering (IPO) of Warner Music Group, one of the major record labels.
HSBC Holdings plc:
- Served as a financial advisor to Telefonica in the $12.6 billion sale of its mobile phone masts in Europe and Latin America.
- Assisted in the $1.6 billion initial public offering (IPO) of JD Logistics, the delivery arm of Chinese e-commerce giant JD.com.
