Investment Banking

Little-known adviser lands role on multibillion oil deal

Total's $7.5bn oil and gas buy has pitched one of the world's biggest investment banks together with a publicity-shy London boutique

Little-known adviser lands role on multibillion oil deal
Photo: Getty Images

Morgan Stanley, one of the world's biggest investment banks, has found itself advising opposite a publicity-shy boutique on one of the year's largest M&A transactions in Europe.

The US bank is working for Danish transport and energy company AP Møller-Mærsk on the $7.45bn sale of its oil and gas business to France's Total, which is being advised by Lambert Energy Advisory, a Mayfair-based energy-sector boutique, according to two sources familiar with the advisory line-up. Goldman Sachs is advising the Moller family holding company.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump