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.

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