Rothschild & Company to Acquire Compagnie Financière Martin Maurel
By
David de Rothschild, the Rothschild chairman, received the 2011 European Banker of the Year award. CreditLisi Niesner/Reuters
LONDON — Rothschild & Company said on Monday it had agreed to acquire Compagnie Financière Martin Maurel in a deal that would unite two long-established family names in French banking.
As part of the deal, the companies would combine their private banking and asset-management operations in France to create a private bank with 34 billion euros, or about $39 billion, in assets under management.
The transaction values Martin Maurel at €240 million.
Under the terms of the deal, Martin Maurel investors would be offered 126 Rothschild shares for each share they own. The Maurel family would receive Rothschild shares in the merger…
Rothschild & Company to Acquire Compagnie Financière Martin Maurel
