The M&A International Media Awards are billed as the ôfirst and only international media awards for journalists who have contributed in an outstanding way to the reporting and analysis of the global mergers and acquisitions marketö.
Sameera's cover story certainly fits that bill. She looked at China outbound M&A into America and Australia, and how politics and perceptions are as integral to the completion of deals as haggling over the last dollar. Specifically, she focused on the successful Chinalco-Alcoa dawn raid on Rio Tinto and the failed Bain Capital-Huawei Technologies bid for 3Com. The story captured the financials, politics, bank battles and emerging regulations governing M&A in one comprehensive piece.
This is the third annual competition organised by M&A International Inc, an alliance of mid-market M&A advisory and investment banking firms with 41 members operating in 40 countries. Though the number of entries has not yet been announced for 2008, last year 223 articles were submitted by 115 journalists at 76 media titles published in 24 countries, including Financial Times, The Sunday Times and Reuters.
It is the second time FinanceAsia has been recognised, having won first prize in the category in 2006 for a story by Lara Wozniak on the Philip Morris acquisition of Sampoerna. These awards recognise the commitment of FinanceAsia to covering a vast array of financial stories, ranging from the debt and equity capital markets to M&A and analysis of macro developments.
While many of our regular readers have come to expect solid and varied M&A stories from Sameera, this is also an area of coverage that she has almost single-handedly developed into a regular feature of FinanceAsiaÆs website and magazine. Four years ago, M&A was something we covered periodically and with a focus on the largest deals only. And so, we are delighted that readers in the industry salute her work.