THE DEAL LLC ANNOUNCES WINNERS OF THE THIRD-ANNUAL MOST ADMIRED CORPORATE DEALMAKERS AWARDS
NEW YORK, N.Y. - Sept. 20, 2010 - The Deal LLC, (
www.TheDeal.com), a diversified media and information company, announced today the winners of its third-annual
Most Admired Corporate Dealmakers Awards. Winners can be found at
www.thedeal.com/mostadmired/The corporate dealmaking teams at the five U.S.-based companies are recognized as having the most effective global acquisition and divestiture strategies among their peers for the past three years. These are transaction-intensive large-cap companies that have demonstrated a clear strategic vision, execution skill and opportunism in M&A and divestitures from 2007 through 2009. This year's awards are particularly noteworthy because they reflect the skill to not only survive - but also thrive during a period of financial crisis and economic instability.
Selected by 527 readers of The Deal magazine and users of The Deal Pipeline (transaction-focused corporate executives, bankers, lawyers, private equity professionals, arbitrageurs, portfolio managers and M&A service providers), the winners are:
3M Co. (NYSE: MMM) in industrials,
Abbott Laboratories (NYSE: ABT) in pharmaceuticals and biotechnology, the
Coca-Cola Co. (NYSE: KO) in food and beverage,
Hewlett-Packard Co. (NYSE: HPQ) in information technology and
J.P. Morgan Chase & Co. (NYSE: JPM) in financial services. They are profiled in the September 20 issue of
The Deal magazine and featured online with supporting videos at
www.thedeal.com/magazine. The winners will be honored at a ceremony during
The Deal Economy 2011, a two-day forecasting event at the New York Stock Exchange on Dec. 2 and 3 (
www.thedeal.com/dealeconomy2011). The article and survey results from this year and previous years, along with a blog on the project, can be found at
www.thedeal.com/mostadmired.
"Each winner has shown a consistent effectiveness in their dealmaking strategies, a particularly impressive feat given how volatile the past three years have been," said Suzanne Miller, corporate editor at The Deal LLC.
According to the data from The Deal Pipeline and Standard & Poor's Capital IQ, of the more than $202 billion in deals closed by the 25 candidate companies that were included in the survey for the 2007-2009 time frame, the five sector-winning teams closed over $42 billion in deals. Across all five sectors, aggregate market caps of U.S. public companies trading on primary U.S. exchanges contracted by 22%, while this year's sector-winning teams expanded their market cap by an average of 9.6% in the same time period.
"Many congratulations to this year's winning corporate dealmaking teams," said Kevin Worth, CEO & Publisher of The Deal LLC. "Their recognition is very well-deserved. The Deal LLC has been tracking and reporting on corporate dealmaking teams, a vital segment of The Deal Economy, for a number of years now, and the selections made by our readers reflect the best of today's corporate dealmaking leaders who are creating value for their shareholders."
About the Survey:
The survey data was supplied by The Deal Pipeline and Standard & Poor's Capital IQ unit and used to establish a shortlist of candidates in each of the winning company's industries. A survey, conducted by Applied Research-West Inc., was then fielded to a cross-section of The Deal LLC's users comprising leading corporate executives, private equity investors and M&A advisers who were asked to rank each corporate dealmaking team on a qualitative basis on four criteria: overall strategy and choice of targets; value (or price paid/received compared to the value extracted); execution, including capture of stated benefits and synergies; and quality of the deal team. Uniquely, this survey assesses corporate dealmaking effectiveness over the past three years of transaction history, not just one year, to give a more accurate picture of deal performance over time.
About The Deal LLC
The Deal LLC (www.TheDeal.com) is a diversified media and information company. We report, analyze and disseminate business and financial news and data that offer fresh insights on the deal economy, a set of interrelated activities, focused on dealmaking of all kinds, whose purpose is to generate corporate and capital growth in a continually changing global market. We serve the global deal community - corporate and financial dealmakers, advisers and institutional investors - with The Deal Pipeline, a transaction information service, and The Deal magazine, a business and financial magazine, website and event brand. The Deal LLC, a privately held company, is owned by private investment funds sponsored by Wasserstein & Co. LP.
About Standard & Poor's Capital IQ
Capital IQ, a Standard & Poor's business, delivers comprehensive fundamental and quantitative research and analysis solutions to over 4,200 investment management firms, investment banks, private equity funds, advisory firms, corporations and universities worldwide. Its solutions are based on the Capital IQ Platform, Compustat, ClariFI and SystematIQ products, and offer an array of powerful applications for desktop research, screening, real-time market data, backtesting, portfolio management, financial modeling and quantitative analysis. For more information, please visit Capital IQ's website at www.capitaliq.com.
