Panmure Gordon Company Profile and Operations

Panmure Gordon is a UK-based investment bank and stockbroker that has been in operation since 1978. It's a well-established player in the financial industry.

The company is headquartered in London, England, and has a strong presence in the City of London's financial district. Panmure Gordon has a long history of providing financial services to clients across various sectors.

Panmure Gordon's operations are focused on providing corporate finance, institutional sales and trading, and research services to its clients. This includes advising on mergers and acquisitions, equity and debt capital markets, and equity research.

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Panmure Gordon's business operations are built on a foundation of expertise and innovation. The company has a strong track record of providing high-quality research and advice to its clients.

Panmure Gordon's research team is comprised of experienced analysts who provide in-depth analysis and recommendations to clients. The team's expertise spans various sectors, including healthcare, technology, and finance.

The company's commitment to innovation is reflected in its use of cutting-edge technology to support its research and trading activities.

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The merger between Panmure Gordon and Liberum will create the UK's largest independent investment bank. This new entity, Panmure Liberum, will have over 250 quoted corporate clients.

The combined firm will be led by Shane Le Prevost as non-executive chair and Rich Ricci as CEO. Atlas Merchant Capital LLC, founded by former Barclays PLC chief executive Bob Diamond, will provide financial support for the merger.

The merger will have offices in London, New York, Leeds, Cambridge, and Guernsey. The combined research teams will cover more than 580 stocks in the UK and Europe.

Here's a breakdown of the key locations for Panmure Liberum:

The merger aims to reinvigorate the UK market and provide flexible and tailored solutions to mid and small-cap businesses and investors.

Bob Diamond has joined forces with the Qatari royal family to buy Panmure Gordon, a loss-making stockbroker and investment bank.

The offer, which values Panmure at £15.5m, has been recommended by the board.

Panmure Gordon is a firm that dates back some 140 years, and QInvest, the Qataris' investment arm, already owns 43% of the company.

Shares in the company soared 76% to 105p in morning trading, just 5p above the offer price.

Andrew Adcock, chairman, believes the offer is "fair and reasonable".