Host of advisers jostle for $85 mln fees from LSE-Deutsche Boerse deal

* Roster featured 11 banks and 30 bankers

* Lead advisers likely to share bulk of the fees

* Robey Warshaw and Perella Weinberg were the first namedadvisers

By Anjuli Davies and Sophie Sassard

LONDON, March 16 (Reuters) - It took a staggering 11 banksand 30 named bankers to seal the $30 billon tie-up betweenDeutsche Boerse and London Stock Exchange Group (LSE).

The roll call was included in Wednesday's announcement ofthe deal to create a European trading powerhouse to see offcompetition from U.S. rivals. But the list would be longer stillif it included the lawyers, PR advisers and accountants thatwill no doubt claim a slice of the fee bonanza.

The 11 banks will be fighting for an estimated fee pot of$85 million, according to Freeman Consulting/Thomson Reutersestimates.

Acting for LSE, Barclays, Goldman Sachs,JPMorgan, RBC Capital Markets, Societe Generale, UBS and boutique Robey Warshaw could shareup to $40 million in fees, according to the estimates.

On the Deutsche Boerse side, Perella Weinberg Partners, BofAMerrill Lynch, Deutsche Bank and HSBC will clamour over roughly $45 million.

Lead advisers are likely to take the lion's share of thefees. Many of the banks and advisers named on the roster wereadded as the deal unfolded. When news of the potential mergerfirst broke, only Robey Warshaw and Perella Weinberg Partnerswere named as advisers.

Advisory boutique Robey Warshaw is fast becoming the go-tobank for UK Plc. It has advised on three of the largest everdeals involving British companies in the past year.

Deutsche Boerse's main adviser is Andrew Bednar, of fellowboutique Perella Weinberg. Bednar and his firm led the talks forNew York Stock Exchange (NYSE) on its ill-fated attempted mergerwith the German bourse in 2011/12.

UNUSUAL NUMBERS

Even for a potential $30 billion deal, the large number ofadvisers is unusual.

When Royal Dutch Shell announced its $70 billiontakeover of British energy company BG Group in April 2015, onlythree banks were involved in the transaction.

Nine banks shared the spoils when Glencore tookover Xstrata in 2012, while seven handled the merger of Holcimand Lafarge and related asset sales.

That the deal was between financial markets operators couldwell be a factor, say sources.

"All these banks were brought in at the very end to preserveconfidentiality. But they are all important customers, so if wecould please them with some league table credits, why not doit?" said one source speaking on condition of anonymity.

And, the deal is not done yet. A takeover battle for LSEcould yet ensue.

NYSE owner Intercontinental Exchange has alreadysaid it might make a rival bid for LSE, while CME Group is actively considering bidding, people familiar with the matterhave told Reuters.

Fee estimates exclude any underwriting or arrangement feesto finance the acquisition. If Deutsche Boerse finances theall-share merger through bonds or loans, it will need to paybetween 0.3 percent and 0.8 percent in underwriting/arrangementfees.

(Editing by David Goodman)