Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Saxo Bank to acquire Dutch-based BinckBank for EUR 424m
December 17, 2018

Saxo Bank has confirmed that their offer to acquire the Dutch-based broker BinckBank is accepted. Saxo Bank has offered EUR 6.35 per share, which equals to a deal value of EUR 424m. BinckBank reported a turnover of EUR 164m the LTM, corresponding to an EV/sales multiple of 2.6x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
Our insights have been covered by: