Fees from Royal Dutch Shell's $70 billion takeover of British energy firm BG could be among the top 10 most lucrative transactions on record, according to estimates from Thomson Reuters and Freeman Consulting.Shell's cash and share offer, recommended by the board of BG on Wednesday, could earn its three financial advisers a combined $182.6 million in fees, according to the estimates.That would make the deal the eighth-biggest global payout for an M&A transaction. It is the biggest acquisition to be announced this year.It is expected that Bank of America Merrill Lynch will earn approximately $82 million advising Shell, while Goldman Sachs and advisory boutique Robey Warshaw LLP will earn approximately $50.3 million each for their work for BG.
Bank of America Corporation (Bank of America) is a bank holding company and a financial holding company. Shares of BAC traded higher by 1.29% or $0.2/share to $15.66. In the past year, the shares have traded as low as $14.37 and as high as $18.21. On average, 94934800 shares of BAC exchange hands on a given day and today's volume is recorded at 28771611.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.51% or $0.21/share to $41.79. In the past year, the shares have traded as low as $33.84 and as high as $42.30. On average, 931292 shares of TRI exchange hands on a given day and today's volume is recorded at 220030.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.71% or $0.37/share to $52.36. In the past year, the shares have traded as low as $37.10 and as high as $52.54. On average, 802653 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 135030.
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