Deutsche Bank today announces that it has reached an agreement on the terms of a recommended all-cash offer for the acquisition of Numis Corporation Plc.
Under the terms of the transaction, Numis shareholders will be entitled to receive a total of 350 pence per share, valuing Numis at approximately £410 million.
Numis is a leading UK corporate broking and advisory house providing strategic advice and capital market connectivity to 166 retained corporate broking clients, including 64 clients in the FTSE 350, representing almost 20% of the index.
The Management Board of Deutsche Bank and Board of Numis are convinced that the deal represents an exciting strategic opportunity to combine Deutsche Bank’s existing UK and Ireland corporate finance business with Numis to establish a leading force in UK investment banking with a prominent…
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