Bradford & Bingley is set to pay a "success fee" to its advisers despite the failure of a rescue deal with a US private equity group, a report says.
As well as its basic fee, B&B will pay Goldman Sachs an additional amount on the completion of a new funding package, the Sunday Telegraph reported. Goldman Sachs was behind plans for B&B to raise £400m with the sale of a 23% stake to Texas Pacific Group (TPG).
Full Story: B&B 'faces fee for failed deal'
See good articles about elastic tapes.
As well as its basic fee, B&B will pay Goldman Sachs an additional amount on the completion of a new funding package, the Sunday Telegraph reported. Goldman Sachs was behind plans for B&B to raise £400m with the sale of a 23% stake to Texas Pacific Group (TPG).
Full Story: B&B 'faces fee for failed deal'
See good articles about elastic tapes.
Leave a comment