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PR giants set to cash in on Shell/BG takeover deal

on Jan 9, 2016 | 0 comments

By Gillian West

Brunswick chairman, Sir Alan Parker, and Roland Rudd, the chairman of Finsbury, will be among the financial winners from the £36bn acquisition of BG Group by Royal Dutch Shell.

The deal, which has been criticised for being too expensive and not in the interest of shareholders, could see the PR supremos share fees worth up to £10.7m.

Revealed in documents sent to shareholders, Rudd’s Finsbury will receive up to £4.8m for advising Shell and Brunswick, founder by Parker, will receive up to £5.9m BG Group.

Shareholders are expected to approve the takeover, clearing the path for the deal to be Read full story ›

Source: The Drum