Rival banks challenge Goldman's TSMC transaction

Complaints concern whether the $1.75 billion deal is eligible for league table credit. If included, the sell-down by Philips will push Goldman to number one.

Frequent readers of this website may notice that the league tables provided by Dealogic on a weekly basis weren't updated on Friday as usual and no league table roundup is included in this morningÆs newsletter.

The reason, according to Dealogic, is that a number of investment banks have challenged the inclusion of Royal Philips ElectronicsÆ $1.75 billion sell-down in Taiwan Semiconductor Manufacturing TSMC last Monday. While such challenges are by no means unusual, the sheer size of this trade and...

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