Shareholders approve Numis acquisition by Deutsche Bank

Expected to complete in Q4 2023

clock • 1 min read

Shareholders at investment bank Numis have voted in favour of the acquisition by Deutsche Bank at two meetings yesterday (21 June).

In a regulatory filing, the investment bank said the all-cash deal, which was being implemented via a court-sanction agreement, has received the approval of its shareholders at both a court and a general meeting. Deutsche Bank to buy Numis for £410m At the court meeting, 97.7% of shareholders approved the acquisition, whereas at the general meeting, 99.9% passed the special resolution to implement the acquisition and authorised Numis directors to take any action necessary for its completion. The M&A deal will see Deutsche Bank acquire all issued and to be issued share capital of Nu...

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