Investment Banking

Goldman Sachs, Morgan Stanley win fee jackpot in $44bn S&P Global-IHS Markit deal

The investment banks on the deal will share up to $185m in fees, a boon to M&A dealmakers as big transactions have become harder to come by throughout the Covid-19 pandemic

Goldman Sachs, Morgan Stanley win fee jackpot in $44bn S&P Global-IHS Markit deal
Photo: Jeenah Moon/Getty Images

Goldman Sachs is among winners of a fee jackpot from S&P Global's $44bn acquisition of rival IHS Markit, in a landmark deal that will see the combination of two of the world's biggest financial data providers.

The investment banks on the deal will share up to $185m in fees, according to estimates from data provider Dealogic, with those advising IHS Markit taking between $75-95m and the banks on S&P Global's side splitting between $70-90m, the figures show.

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