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Advisers to share £281m fee pool on LSE-Refinitiv deal

HKEX also paid its bankers £13m for working on its failed bid to derail the tie-up, meaning M&A advisers have scooped close to £300m in all for their various roles

By

Samuel Agini

Advisers to share £281m fee pool on LSE-Refinitiv deal
Photo: Getty Images

Advisers are set to share up to £281m in fees for working on the London Stock Exchange’s $27bn takeover of data company Refinitiv, after Hong Kong Exchanges and Clearing abandoned its effort to break up the deal.

The figure was disclosed in a 266-page shareholder circular published by the LSE on November 6, setting out the terms of the deal ahead of a shareholder vote later this month.

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