The combined value of mergers and acquisitions in South Africa in 2014. About R154bn of the value was transacted by foreign-domiciled companies, which executed five transactions. Woolworths’ acquisition of Australian retailer David Jones was recognised as Deal of the Year at the 14th DealMakers Annual Awards. Investec took the award for top M&A Financial Adviser by value and number of deals. Individual DealMaker of the year went to Cobus Human from One Capital for his work on Northam Platinum’s BEE t r ansaction. The biggest deal of 2014 was of local origin: the R62.8bn acquisition of Pepkor by Steinhoff International.