News sentiment analysis powered by sentiment-insight.com
Kenny Alexander gears up for boardroom coup at William Hill-owner 888
Kenny Alexander and his allies have hired investment bankers from Numis. They are preparing for a potential showdown with the board of 888 and its cornerstone investor. Mr Alexander took a surprise stake in 888 earlier this month. He has presented the board with proposals to install himself as chief executive.
Kenny Alexander gears up for boardroom coup at William Hill-owner Kenny Alexander and his allies have hired investment bankers from Numis. Mr Alexander took a surprise stake in 888 earlier this month. He has presented the board with proposals to install himself as chief executive and his close ally as chair.
Deutsche Bank CEO not worried about a bank crisis in Europe Deutsche Bank CEO says he is not worried about a banking crisis coming to Europe. Christian Sewing says Deutsche would only grow through acquisitions "when it makes sense" Deutsche announced it had agreed to buy the boutique investment bank Numis.
It is unwise to let Deutsche Bank buy one of Britain's last investment banks The purchase of Numis by Deutsche Bank should raise eyebrows in Threadneedle Street. Is it really the right owner for a broker that serves as a crucial bridge between the kind of midcap companies that make up the heartlands of the British economy and the City?
It is unwise to let the Germans buy one of Britain’s last investment banks The mighty Deutsche Bank might have been a pillar of European finance in its prime. But the bleak reality is that it is a long way past that now. And buying Numis, the City broker, in a £410m deal is hardly likely to be the acquisition that puts it back on track.
Anders Holch Povlsen in line for £90m from Numis sale Anders Holch Povlsen is the largest shareholder in Numis. He is also chief executive of the Danish fashion retailer Bestseller. The 50-year-old owns 220,000 acres of land in Scotland.
Deutsche Bank Strikes $500 Million Deal for Numis Deutsche Bank said it agreed to buy U.K. brokerage and advisory firm Numis for roughly $500 million. It's the German lender's first acquisition of size in years.
Deutsche Bank: Navigating The Challenges Ahead For Sustainable European Economic Growth Germany's largest bank, Deutsche Bank, plans to acquire Numis, a UK broker. This move shows the bank's confidence in the London market, which has faced challenges in recent years. While Europe’s economy shows some signs of recovery, the challenges ahead remain significant.
Deutsche sweeps on Numis in £410m deal to strengthen City presence Deutsche Bank has agreed a £410 million deal for fellow investment bank Numis. The two companies said that the 350p-per-share takeover would give Numis shareholders a nice payout.
Deutsche Bank to buy Numis for £410m The board has told shareholders to accept the 350p-a-share cash offer. The offer is at a 72 per cent premium to Numis’s closing price yesterday of 204p.
Lift for City as Deutsche buys Numis Shares in Numis soared up 137p, or 67 per cent, to 341p yesterday. Investors accounting for 27.2 per cent of the shares have already agreed to accept it irrevocably.
WH Smith investors eye growth as travel rebound continues WH Smith shareholders will be hoping the stationery-to-snacks retailer posts higher sales. The group is expected to be boosted by the continued recovery in traveller numbers at airports and train stations. Analysts at Numis have forecast that travel revenues will have increased by around 70% year-on-year.
London float drought set to continue, says Numis Numis said that the ‘continued scarcity’ of equities capital markets deals had knocked revenues at its investment banking division during the six months to the end of March.
Brokers take a battering as downturn hits activity Three City brokers warn that weak activity in the markets has hit their business. Numis said its revenues for the six months to the end of March were likely to have been down 14 per cent year-on-year at around £64m. Rival Peel Hunt saw shares slump 2.8 per cent, or 3p, to 103p after it issued a profit warning.
Brokers team up on new platform to boost retail... Brokers team up on new platform to boost retail interest in UK capital markets. Jefferies, Numis and Rothschild & Co will enter into a pact with the platform.
Share tip: Assura, the fallen angel that can soar again Numis’s small-cap index lost almost 20 per cent last year. 45 firms that shrank enough to slip down from larger categories. Investors backed away amid fears about the durability of profits.
Need for change at THG is all too clear, says bank Another profit warning from THG last week confirmed that, after years of growth and acquisitions, the need for a turnround at the ecommerce business is ‘apparent’ Numis, one of eight banks that helped to float the business, formerly known as The Hut Group, in 2020, laid out reasons why clients should sell the shares.
Electrical retailer AO World enhances full-year earnings outlook AO World lifts profit guidance as electrical retailer's recovery plan shows early signs of success. Group's annual adjusted earnings are now anticipated to be £30m-£40m Numis and Jefferies have enhanced their profit estimate for the retailer to £35m
Sign Up
