Megabrew A Megaboon For Bankers, Lawyers Collecting $2 Billion In Fees

Banks, law firms, accountants, public relations companies and the tax man are lining up for about $2 billion in fees and expenses from Anheuser-Busch InBev’s $103.8 billion takeover of rival SABMiller. AB InBev will pay out $1.74 billion, the company said in a statement Friday. That includes: $725 million for financing arrangements; Up to $135 million for financial and corporate broking advice split by advisers including Lazard, Deutsche Bank, Barclays, BNP Paribas Bank of America and Standard Bank Group; As much as $185 million for legal advice to firms including Freshfields Bruckhaus Deringer; $15 million to the accountants; $20 million for public relations advice from Brunswick Group; and $180 million for other professional services, such as management consultants $475 million for transaction taxes, other costs and expenses. SABMiller will pay $202 million in fees including: $113 million for financial and broking advice to banks led by financial advisory boutique Robey Warshaw, along with JPMorgan Chase, Morgan Stanley, Goldman Sachs and Centerview Partners;  $76 million for legal advice from law firms including Linklaters;  $2 million to the accountants;  $9 million for public relations work from Finsbury; and $2 million for other costs and expenses. Related ArticlesJuly 29, 2016 China’s regulators bless AB InBev-SABMiller mega merger July 27, 2016 SABMiller pauses integration work wth Anheuser-Busch InBev The deal is the latest win this year for British bank Robey Warshaw.