News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

Pipeline merger powers UBS and Jefferies up league table

The two banks sit on opposite sides of the table in the $20 billion Marathon Petroleum and MarkWest deal

Pipeline merger powers UBS and Jefferies up league table

Roles on the largest energy and utilities merger announced so far this year have rocketed UBS and Jefferies into the top 10 on the global advisory league tables for the sector.

US oil refiner Marathon Petroleum Corporation announced Monday that its pipeline company MPLX will merge with MarkWest Energy Partners, which processes and transports gas. The deal values MarkWest at $20 billion, including debt of about $4.2 billion.

WSJ Logo