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Deutsche Bank offers $512.5 million all-cash offer for London’s Numis

Dow Jones Newswires Last Updated: April 28, 2023 at 3:30 a.m. ET First Published: April 28, 2023 at 2:27 a.m. ET In this file photo taken on February 07, 2023 the headquarters of German bank Deutsche Bank with its logo are pictured in Frankfurt am Main, western Germany. daniel roland/Agence France-Presse/Getty Images Numis Corp. said
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deutsche-bank-offers-$512.5-million-all-cash-offer-for-london’s-numis

Dow Jones Newswires

In this file photo taken on February 07, 2023 the headquarters of German bank Deutsche Bank with its logo are pictured in Frankfurt am Main, western Germany.

daniel roland/Agence France-Presse/Getty Images

Numis Corp. said Friday that it has agreed to a 410 million-pound ($512.5 million) takeover by Deutsche Bank AG DB XE:DBK.

Under the deal, accepting shareholders of the London-based investment bank UK:NUM will get 350 pence for each share held. The price is a 72% premium to the share’s closing price of 204 pence on Thursday.

The offer price…

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