Here's the windfall City advisers are in for from the ARM Softbank mega-deal

Lynsey Barber
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Advisers are making an arm and a leg from the tech mega-deal

A handful of top City firms will land a windfall share of the multi-million pound pot of cash being splashed on advisers to one of the biggest tech deals of the year.

More than £100m is being spent on advisers to Softbank's acquisition of ARM in a £24.3bn mega-deal agreed in June.

Big name banks such as Goldman Sachs and Lazard are set to prosper from the lucrative acquisition along with smaller firms such as boutique outfit Robey Warshaw and financial public relations firms.

Here's who's in line for what, according to new documents disclosed by the firms in connection with the deal, which should be wrapped up by the end of November and will be a bumper payday.


Financial advisers: Goldman Sachs, Lazard, UBS, Barclays = £51.15m

Legal advisers: Slaughter and May, Davis Polk & Wardwel = £9m

PR advice: Brunswick = £4m

Total = £65m


Financial advisers: The Raine Group, Robey Warshaw, Mizuho Securities = £45.2m

Legal advisers: Freshfields Bruckhaus Deringer, Morrison Foerster = £5.5m

PR advice: Finsbury, ​Sard Verbinnen & Co = £1.5m - £2m

Total = £53.7m



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