Deutsche Bank to Buy UK Boutique Firm Numis for £410 Million.

For Numis, the offer from Deutsche Bank comes after a tough year for City of London firms, with a sharp downturn in capital markets hitting various British brokers hard. Deutsche Bank to Buy UK Boutique Firm Numis for £410 Million (Bloomberg) -- Deutsche Bank AG has agreed to buy Numis Corp., one of the best-known UK boutiques, in an all-cash deal that could reshape the landscape of investment banking in the City of London. [Extracted from the article]