| A Tiny Bank Is About to Get a Huge Payday From the Shell Deal | |
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As an adviser to BG Group Plc on its sale to Royal Dutch Shell Plc, the London-based firm will split as much as $90 million in fees with Goldman Sachs Group Inc., according to estimates from Freeman & Co. Because of its size, Robey Warshaw may receive a smaller chunk of that amount. Also set for a large payout is Bank of America Corp., which was the only adviser to Shell and could reap as much as $65 million for its work. The 47 billion-pound ($70 billion) deal is the largest takeover announced in 2015, and the oil and gas industry’s biggest merger in at least a decade. More from Bloomberg.com: In a World Filled With Gluts, One Metal Is Suddenly Hard to Find Robey Warshaw is one of a handful of boutiques -- including Zaoui & Co. and LionTree Advisors LLC -- that have sprung up in recent years as some of New York and London’s top dealmakers left major institutions, winning mandates on large deals even without the resources of a major bank. Started in 2013 by London bankers Simon Robey and Simon Warshaw -- veterans of Morgan Stanley and UBS Group AG -- Robey Warshaw also served as an adviser to AstraZeneca Plc as it resisted a takeover approach from Pfizer Inc. |
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Halliburton is a and oil producing company based in United states of america. Halliburton is listed in United States of America. Its market capitalisation is US$ 33.4 billions as of today (€ 31.2 billions). Its stock quote reached its lowest recent point on January 25, 2002 at US$ 10.06, and its highest recent level on April 26, 2024 at US$ 38.54. Halliburton has 867 249 984 shares outstanding. |