Aker's takeover of Kvaerner, the troubled Norwegian construction and engineering company, is the second high-profile deal in a week for Sundal Collier, the Oslo-based boutique investment bank.

Sundal Collier's eleven months of restructuring advice for Kvaerner finally paid off this week as it succumbed to a takeover by Aker, which saved the former flagship of Norwegian heavy industry from imminent bankruptcy.