Mark, the "Kleinmanator", Kleinman of Sky News has gone for a Saturday afternoon wind up with a story about BT Group hiring Goldman Sachs and, maybe, Robey Warshaw to work on a defence ahead of a £15 billion takeover approach. Below is the link:
https://news.sky.com/story/bt-group-board-on-alert-for-15bn-takeover-approaches-12054366..
They have been feted as Britain's top rainmakers. Yes, that's Sir Simon Robey and Simon Warshaw. Ever since they left their respective megabanks (Morgan Stanley and UBS) in 2013 and set up Robey Warshaw much smoke has been blown up their respective bottoms about how brilliant they are at advising some of Britain's biggest companies on mergers & acquisitions...
It struck me as odd whilst re-reading this morning's press release from Hong Kong Exchange that Moelis & Company, a mid-sized American M&A advisory firm, is the sole advisor to the Asian bourse on its takeover bid for the London Stock Exchange...
Sir Simon Robey and Simon Warshaw - the uber bankers and founders of London-based M&A advisory firm Robey Warshaw - have taken a pay cut, according to Financial News.
In the 12 months to March 18, revenues the firm fell 60pc but the highest paid employee (presumably either Sir Simon or Mr Warshaw) still received £12.1 million, so cry me a river. Below is a link to the Financial News piece:..
I see uber bankers at Robey Warshaw are taking a bit of stick in the financial media this morning following the collapse of London Stock Exchange's £24 billion merger with German rival Deutsche Borse...
I see the uber bankers at Robey Warshaw have emerged as one of the lead advisers to FTSE 100-listed Reckitt Benkiser on its $18 billion acquisition of baby food company Mead Johnson.
Once again, I have mixed feelings about the chaps at Robey Warshaw winnning this mandate. Why?..
Uber bankers Sir Simon Robey and Simon Warshaw were being feted in the British business press today after the boutique advisory firm released its accounts for last year showing their little outfit made £37 million in profits...