MERIDIAN
✦ League tables

The rankings

385 eligible transactions since July 2026 · €957.3bn in combined value. Values are converted to euros at the ECB reference rate for each deal’s own date.

Rumours, market aggregates, supply contracts and unsourced records are excluded. Every rule is set out on the methodology page.

✦ Iberia — the focus
125 eligible Iberian transactions, €97.9bn combined.
Largest transactions
All geographies, by euro value at deal-date FX.
01
Paramount
Warner Bros
€98.5bn
02
Bank of America, Blackstone, Citi, Morgan Stanley
Broadcom partnership compute capacity
€56.3bn
03
Broadcom
Anthropic
€53.6bn
04
SpaceX
Cursor
€52.0bn
05
Amazon
OpenAI
€43.5bn
06
SpaceX
AI chips
€31.9bn
07
Blackstone
HSBC's Australia loan book
€21.8bn
08
Ferrovial
I-24 Express Lanes project
€18.8bn
09
Prologis
Segro
€16.3bn
10
Aon
USI
€14.7bn
Most active acquirers
M&A and buyouts, by combined euro value.
01
Paramount
1 deal
€98.5bn
02
SpaceX
1 deal
€52.0bn
03
Blackstone
1 deal
€21.8bn
04
Apollo
4 deals
€18.5bn
05
Prologis
1 deal
€16.3bn
06
EQT
4 deals
€15.0bn
07
Aon
1 deal
€14.7bn
08
Blackstone, KKR, Brookfield
1 deal
€14.1bn
09
Lottomatica
1 deal
€13.2bn
10
KKR
4 deals
€11.7bn
By sector
By combined euro value.
01
TMT
99 deals
€459.0bn
02
Financial Services
61 deals
€127.0bn
03
Industrials
52 deals
€81.7bn
04
Energy & Renewables
40 deals
€79.1bn
05
Consumer
38 deals
€76.7bn
06
Healthcare
32 deals
€47.1bn
07
Real Estate
40 deals
€42.4bn
08
Infrastructure
11 deals
€30.6bn
By transaction type
M&A, LBO, ECM, LevFin, project finance, restructuring.
01
M&A
233 deals
€619.6bn
02
LevFin
24 deals
€115.4bn
03
Debt Advisory
66 deals
€110.6bn
04
ECM
48 deals
€58.6bn
05
Project Finance
5 deals
€27.7bn
06
LBO
7 deals
€23.3bn
07
Restructuring
2 deals
€2.0bn

These tables cover reported dealmaking, not all dealmaking. Coverage of the Iberian mid-market is still building, so treat the Iberian tables as indicative rather than complete. If you know of a deal we have missed, or a figure we have got wrong, tell us.

HomeRankingsMethodologyLearnAboutContact