CFE Finance Group completes a successful Takeover of River Merchant Capital Ltd

Investment banking boutique CFE Finance Group announces the closure of its takeover of CIP Merchant Capital, the closed-end investment company listed on the London Stock Exchange AIM. CFE is invested in a variety of credit market strategies, and currently has €1.5 billion of assets under management.

CIP focuses on listed European Irms. Mario Cordoni, chief executive of CFE, commented: “The success of this takeover bid consolidates CFE positioning on the Inancial market, in line with our strategic objectives. The broad feedback received from the market conIrms the validity of our offer, which successfully ended within the initially announced deadline. The transaction will allow CFE to diversify its portfolio, improve the integration with CIP business model and create signiIcant value for all stakeholders.”

Il Messaggero, 26 April 2022