Deutsche Bank has agreed to acquire Numis in an all-cash transaction valued at approximately £410 million, representing a significant premium to Numis's current share price, to strengthen its position in the UK investment banking market.

Information on the Target

Numis is a prominent UK investment bank known for its robust equity capital market activities and strong presence in various advisory services. With a well-established history, Numis has built an impressive reputation for delivering exceptional client service and has developed a diverse array of service offerings, which solidifies its position as a leader in the UK financial landscape. The bank operates a comprehensive business model that caters to corporate clients across multiple sectors, providing expert advice on mergers and acquisitions, as well as capital raising.

This all-cash offer from Deutsche Bank aims to acquire Numis’s entire issued and to be issued share capital, valued at approximately £410 million. Under the terms of the transaction, shareholders will receive 350 pence per Numis share, representing a significant premium over the current market value and embodying a strong commitment to ensuring shareholder returns during this strategic transition.

Industry Overview in the UK

The UK commands a leading position within the European investment banking sector, characterized by its diverse financial services and extensive corporate client base. As the largest investment banking market in Europe, the UK provides an ecosystem