Stifel to acquire European debt advisory firm ISM

The US investment bank and broker-dealer is to buy London-based ISM Capital to enhance its debt capital markets expertise in Europe.

US investment bank Stifel Financial Corp has agreed to buy London-based debt advisory group ISM Capital, boosting the firm’s debt capital markets expertise in Europe as it continues to hunt for and bolt-on complementary businesses. 

NYSE-listed Stifel said it had entered into a definitive agreement to acquire ISM for an undisclosed amount through its wholly-owned Stifel Nicolaus European subsidiary.

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