Shareholders approve Numis acquisition by Deutsche Bank

Expected to complete in Q4 2023

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...