Li Ka-shing divvies up M&A mandates

Hong Kong tycoon Li Ka-shing appoints Deutsche Bank to advise him on his bid for E.ON's UK power distribution assets, as Goldman Sachs is once again conflicted.
Li Ka-shing
Li Ka-shing

Deutsche Bank has been mandated to advise Li Ka-shing in his bid for the UK electricity distribution assets of German power group E.ON, demonstrating once again why M&A is the most unpredictable of the investment banking businesses.

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