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Evercore to Acquire Robey Warshaw, a Leading UK-Based Independent Advisory Firm

1. Evercore to acquire Robey Warshaw for $196 million. 2. Robey Warshaw enhances Evercore's advisory capabilities and client base.

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Why Bullish?

The acquisition indicates strategic growth, likely increasing EVR's future revenues. Historical precedent shows that successful acquisitions often lead to enhanced market performance.

How important is it?

The acquisition aligns with strategic objectives, potentially solidifying EVR's foothold in Europe and diversifying its service offerings, which are critical for long-term growth.

Why Long Term?

The acquisition will likely take time to integrate, with benefits realized over years, as seen with past acquisitions strengthening market position.

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LONDON & NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) today announced that it has entered into an agreement to acquire Robey Warshaw, a highly successful independent advisory firm headquartered in the United Kingdom. Founded in 2013, Robey Warshaw has built a reputation as a trusted advisor to some of the most prominent multinational companies in Europe and has an impressive client franchise and track record. The consideration for the transaction is GBP 146 million, or USD 196 million, payab.

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