NatWest Close to Acquiring Evelyn: Financial Terms Expected by February 15
IMP6.0
SNT+1.0▲
CONF50%
NatWest <NASDAQ:NW> is reportedly in advanced talks to acquire Evelyn <LON:EVY>, with terms expected to be disclosed by February 15, 2026. The proposed deal values Evelyn at around £120 million and would expand NatWest's retail banking footprint in the UK. Terms of the agreement, including potential synergies and any regulatory clearances, are pending final negotiations. The acquisition would enhance NatWest's presence in the mid-market banking segment and broaden its customer base.
EditorThomas Ho