De Brauw Blackstone Westbroek has advised SNS Bank on reaching an agreement with NIBC Bank on the acquisition of SNS Securities.

With this transaction, NIBC expands its service offering with capital market solutions, equity and fixed-income brokerage, research and execution services for independent asset managers from the current activities of corporate finance and principal investments to the combined franchise. The addition of SNS Securities’ activities fits NIBC’s strategy of being the bank of choice for decisive financial moments and will propel its growth ambitions in its existing markets and geographies.

De Brauw acted as lead counsel to SNS Bank and Anja Mutsaers was lead partner.