Investment banks face fresh calls to curb their fees on big takeovers as shareholders demand the right to claw back advisory charges if a merger turns sour. The merger of mining and commodities giants Glencore and Xstrata has prompted leading institutions to press for penalties for the advising banks if it turns out to destroy value in the long term.
The merger – likely to generate £90?mi…
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On February - 6 - 2012 Articles of Interest
