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NIBC in talks with Blackstone over cash buyout offer

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AMSTERDAM (Reuters) - Dutch bank NIBC said on Friday it was in advanced talks on a buyout by private equity firm Blackstone at 9.85 euros per share, an 7.8 % premium to NIBC's closing price of 9.13 euros per share on Thursday.The proposed offer values the company at 1.44 billion euros (1.2 billion pounds).In a statement, NIBC said the idea was supported by boards and its major shareholders, JC..
Date Published: Feb 14, 2020
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