RIL's multi-billion-dollar deals help Morgan Stanley top M&A league table

The US-based bank has advised 25 transactions with values touching as much as $28 bn; BoFA is second in the chart

Thanks to the billions of dollars raised by Reliance Industries for its telecom arm, Morgan Stanley, the advisor to Mukesh Ambani company, is all set to top the M&A league table for the calendar 2020.  The US-based bank has advised 25 transactions with deal values touching a stagerring $28 billion.

As per statistics available till date, BoFA is second in the chart by advising deals worth $18 billion while EY is third in the league table with transactions worth $18 billion (see chart). Facebook, Inc's $5.7 billion investment in Jio Platforms, a subsidiary of Reliance Industries Ltd helped monetise the