close brothers group plc (CBG:London)
Transactions by CLOSE BROTHERS GROUP PLC (CBG) in the last 6 months
Oddo et Cie agreed to acquire Close Brothers Seydler Bank AG from Close Brothers Group plc (LSE:CBG) for €46 million in cash on October 20, 2014. The transaction was financed on equities, which represents a multiple of approximately 7 times the net profit of 2013 and a little more than 1 times the turnover which revolves around €40 million. Close Brothers Seydler will be renamed to Oddo Seydler. In the year ended July 31, 2014, the business reported profit after tax ...
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