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IN BRIEF: Numis acquisition by Deutsche Bank approved by shareholders

Wed, 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

Comments and questions to newsroom@alliancenews.com

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Numis' strong H2 trading carries over into new year

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18 Dec 2020 09:21

IN BRIEF: Hawksford Gets GBP14 Million From On The Beach Share Sale

10 Dec 2020 15:55

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8 Dec 2020 13:14

UK EARNINGS SUMMARY: Numis Profit Grows On "Excellent" Performance

1 Dec 2020 16:04

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28 Sep 2020 10:36

Full-year revenues set to top £150m, says Numis

(Sharecast News) - Annual profits at Numis Corporation are on course to come in "materially" higher than the prior year, the City stockbroker said on Monday.

16 Sep 2020 07:31

UPDATE 3-The Hut Group shares soar 30% after bumper $7 bln London IPO

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UPDATE 2-The Hut Group shares soar 30% after bumper $7 bln London IPO

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