Credit Suisse ranking slips in M&As

  • Intellectual property business IP2IPO is planning a £100m float on Aim within the next few weeks. IP2IPO, which was set up to commercialise academic research, has partnerships with universities that give it stakes in the profits from licensing intellectual property in return for early funding and management know-how. The business is currently owned by investment bank Evolution Group.
  • GE Corporate Financial Services has announced the outright purchase of corporate finance solutions company NMB Heller Ltd UK from its Dutch parent. The transaction will transfer £645m in assets to GE Corporate Financial Services’ £5.5bn asset portfolio in Europe. GE said the deal would enable it to offer a broader portfolio of working capital solutions.

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