This guy appears to have most of the big guys on speed-dial.
Michael Klein, the former Citigroup investment banking chief, landed a leading role advising Dow Chemical on its $130bn merger with DuPont as a result of the relationship he carefully developed with Dow CEO Andrew Liveris.
Reuters reports that Liveris spent six years on Citigroup's board of directors, a tenure that ended in 2011. There he got to work with Klein, a member of Citigroup's management committee. When Klein left Citigroup in 2008, he continued to cultivate Liveris.
Now Klein's investment banking advisory firm, Klein and Company, stands to split with Lazard and Morgan Stanley the $80m to $100m in estimated investment banking fees that Dow will pay for financial advice on the merger.
It is Klein's biggest ever deal, topping the $41bn merger of commodity and mining firms Glencore and Xstrata, where Klein secured a rare role of advising both companies.
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