July 30 (Reuters) - Evercore ( EVR ) will acquire

British boutique investment bank Robey Warshaw for $196 million,

the U.S. investment bank said on Wednesday.

The payment will be made in two tranches, half in Evercore ( EVR )

shares when the deal closes and the remainder a year later in

either cash or stock, according to the company statement.

The transaction for Mayfair-based Warshaw, whose partners

include former UK chancellor George Osborne, is expected to

close in the fourth quarter of 2025.

New York-based Evercore ( EVR ) said it expects the deal to be

accretive in the first full year after the acquisition and

thereafter.