One $70 billion deal, just three advisers for Shell and BG

April 8, 2015 12:08 PM

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One $70 billion deal, just three advisers for Shell and BG

LONDON (Reuters) - Royal Dutch Shell's $70 billion takeover of British energy firm BG stands out because only two investment banks and a boutique firm were selected for the advisory work.

This is in sharp contrast to many so-called mega-deals, which have historically involved at least two and sometimes three or four financial advisers to each party.

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