The merchant banking activities include mergers & acquisitions, corporate finance, sector advisory, equity capital markets, corporate actions, equity brokerage and capital structuring, all of which together employ approximately 70 people.
This deal is expected to strengthen ABN AMRO’s position as a top player in mergers & acquisitions, sector advisory, share issues, equity brokerage and capital structuring.
The transaction is also expected to help ABN AMRO focus on the strategic needs of its commercial banking clients in the Netherlands.
This deal corresponds with ABN AMRO’s current strategy and risk profile.
ABN AMRO member of the managing board Joop Wijn and responsible for Commercial & Merchant Banking said that this transaction allows the firm to serve its clients even better at a strategic level and strengthens its position as a top player in the Dutch corporate sector.
The activities will be integrated in the Large Corporates & Merchant Banking and Markets departments of ABN AMRO Commercial & Merchant Banking, said ABN AMRO.
