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IN BRIEF: Numis acquisition by Deutsche Bank approved by shareholders

21st Jun 2023 14:32

Numis Corp PLC - London-based investment bank - Says it will be acquired by Deutsche Bank AG, with the takeover being implemented by a court-sanctioned scheme of arrangement. Expects the takeover to become effective by the fourth quarter of 2023. The takeover was approved by a majority of Numis shareholders. In April, the two companies agreed for Deutsche Bank to acquire Numis for GBP410 million.

Numis current stock price: 333.09 pence each

12-month change: up 36%

Deutsche Bank current stock price: EUR9.39

12-month change: down 3.3%

By Harvey Dorset, Alliance News reporter

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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