Credit Suisse First Boston has landed the largest French deal this year by advising Coflexip Stena Offshore Group, the French oil services company, on its €3.5bn (€3.1bn) sale to a minority shareholder.
Coflexip's takeover by Technip, the French oil refinery business, will be a welcome boost to CSFB's French profile which has been shaded by the success of Goldman Sachs, Morgan Stanley, Rothschild and Lazard in the region.