It's finally happened.
After years of speculation, Numis - The City of London's leading mid cap broker with around 170 corporate clients - has been gobbled up by a larger German rival.
Deutsche Bank is paying 350p a share, around £410 million, for Numis. That's a whopping 72pc premium. Below is the link to the press release:..
Hyve Group, the London-listed exhibitions and conferences company, is working on an equity capital raising.
People familiar with the matter said Hyve Group, which puts on the Pure fashion trade show at Kensington Olympia, is in relatively advanced discussions about a major equity fundraising deal with its advisers and brokers, which include Numis...
The merry-go-round of broking in the City of London, Canary Wharf and Mayfair continues unabated with Oliver Hemsley set to join Zeus Capital.
Hemsley, the son of a Rutland pig farmer, has joined Zeus Capital as a "strategic consultant" and started at the firm this week, according to sources familiar with the matter...
Tongues are wagging after BCA Marketplace sacked corporate brokers at JP Morgan and HSBC and replaced them with Goldman Sachs and Numis in one fell swoop.
https://www.investegate.co.uk/bca-marketplace-plc--bca-/rns/change-of-adviser/201802190726502352F/..
A respected British fund manager gets in touch with little old Betaville to air his complaint about "lock-ups" that are supposed to restrict private equity firms and founding shareholders from selling their stock in companies that have recently floated on the London market...