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Shearman & Sterling No. 2 Worldwide in Global M&A

According to Dealogic, Shearman & Sterling LLP is number 2 worldwide for the second quarter of 2010 for its role in global M&A. The firm was involved in 23 deals with a total value of over $46.5 billion.

A few of Shearman & Sterling’s M&A deals announced in the second quarter include the firm’s representation of Sybase in its pending $5.8 billion sale to SAP; Psychiatric Solutions in its pending $3.1 billion sale to Universal Health Services; and Credit du Nord in its pending $1.05 billion acquisition of Societe Marseillaise de Credit.

According to the article at the firm’s website, Harald Selzner, a Dusseldorf-based partner who co-leads the firm’s global M&A practice was quoted as saying: “While the M&A landscape has been uneven thus far in 2010, with heavy activity early in the year followed by a bit of a slowdown in the late spring, this global ranking underlines our critical role in some of the most significant transactions of the year. We remain a go-to firm for major transactions worldwide, including some of the more complex, cross-border deals.”

Shearman & Sterling has been advising many of the world’s leading corporations and financial institutions, governments and governmental organizations for more than 135 years. The firm is a global law firm with approximately 900 lawyers in 19 offices in 12 countries around the world.

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