Investment Banking

Wall Street's big three count the cost of $46bn deal collapse

Goldman Sachs, Morgan Stanley and JP Morgan were all advisers on the long-running takeover saga involving agriculture groups Monsanto and Syngenta

Wall Street's big three count the cost of $46bn deal collapse
Photo: FN Montage

Goldman Sachs, Morgan Stanley and JP Morgan stand to miss out on a bumper fee pool following the collapse of the proposed $46 billion mega-merger between agriculture groups Monsanto and Syngenta.

If the deal had gone through the three US banks stood to earn a combined fee pool of between $140 million and $150 million, according to data collated by Thompson Reuters and Freeman Consulting for Financial News.

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