Headline: UNCAPTIONED: George Osborne to Miss Out on Major Robey Warshaw Payout
Caption:
George Osborne to Miss Out on Major Robey Warshaw Payout. George Osborne, partner at Robey Warshaw, is unlikely to benefit much from Evercore’s $196m takeover. Most proceeds will go to Robey Warshaw’s three founders, with Sir Simon Robey getting the largest share. The July deal includes $96m in Evercore shares at closing, plus $100m and potential performance-based payouts. Osborne will become a senior managing director at Evercore but plans to go part-time and keep his outside roles. Since leaving politics in 2017, Osborne has advised BlackRock, edited the Evening Standard, and now chairs the British Museum. He co-hosts the Political Currency podcast with Ed Balls and acts as advisor to Coinbase, further expanding his portfolio. Osborne shared in a £30m bonus last year, boosted by deals like the Telegraph sale and Chelsea FC purchase. Despite the Evercore deal’s size, Osborne’s gain will be modest, highlighting founder status’s impact in major M&A payouts.
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Keywords: Current Affairs & Politics,George Osborne,Robey Warshaw,Evercore takeover,$196m deal,founders payout,Sir Simon Robey,Evercore shares,performance-based payouts,senior managing director,part-time role,outside commitments,BlackRock advisor,Evening Standard editor,British Museum chair,Political Currency podcast,Ed Balls,Coinbase advisor,£30m bonus,Telegraph sale,Chelsea FC acquisition,modest gain,founder status,M&A payouts
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