Banks Stand to Reap Up to $100 Million From Lafarge-Holcim Deal

Goldman Sachs Group Inc., Rothschild and Zaoui & Co. are among banks that may split as much as $100 million in fees for their roles advising on the merger of Holcim Ltd. and Lafarge SA to create the world’s biggest cement maker.

Holcim of Switzerland and Lafarge of France today agreed to create a company with more than $40 billion in sales in Europe’s largest deal this year, data compiled by Bloomberg show. Goldman Sachs advised Holcim, while Lafarge worked with Rothschild as well as a firm led by Michael and Yoel Zaoui, former M&A bankers at Morgan Stanley and Goldman Sachs, according to people familiar with the matter.