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Russia boost for Dresdner

Dresdner Kleinwort landed a hat-trick of advisory mandates in Russia last week, including a role as counsel on the largest ever deal in the country’s consumer sector, as the German investment bank bids to re-establish its position in Russia's capital markets after sliding down the league tables last year.

The German bank has been hired as an adviser, alongside domestic bank Renaissance Capital, by US soft drinks giant PepsiCo and Pepsi Bottling Group on its $1.4bn (€891m) acquisition of Russia’s leading juice maker Lebedyansky. The deal is the biggest in Russia’s booming consumer sector to date.

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