Rothschild & Co SCA (ENXTPA:ROTH) agreed to acquire Compagnie Financière Martin Maurel Société Anonyme (ENXTPA : MLFMM) from Maurel family, Banca Sella Holding S.p.A., Finanziaria 2010 SPA and other minority shareholders for approximately €240 million on June 6, 2016. Rothschild & Co SCA (ENXTPA:ROTH) signed a merger agreement to acquire Compagnie Financière Martin Maurel Société Anonyme (ENXTPA : MLFMM) from Maurel family and other minority shareholders for approximately €240 million on July 29, 2016. Under the terms of the transaction, 40% of shareholders of Martin Maurel elected cash consideration and remaining 60% elected stock consideration. Rothschild will issue 126 shares for every 1 share of Martin Maurel. The cash element of the consideration will be financed through Rothschild & Co’s own cash resources and external credit facilities. The employee representative committees of Rothschild's economic and social unit and Martin Maurel's economic and social unit issued a favorable opinion on the proposed merger in June 16 and June 17, 2016 respectively. Also, The Board of Directors of Compagnie Financière Martin Maurel approved the transaction on July 26, 2016. The deal is subject to approval of shareholders of Rothschild and Martin Maurel, regulatory and anti-trust approval and work councils consultation from Rothschild and Martin Maurel. 83.6% shareholders of Martin Maurel have committed to vote in favor of the deal. The General Assembly of both the entities is scheduled in September 2016. Shareholders of Rothschild & Co approved the merger on September 29, 2016. The Competition Authority in France approved the merger on October, 14 2016. The deal is expected to close by the end of 2016. The transaction is expected to have a modestly positive impact on EPS from the first full fiscal year post-merger, before synergies. Michel Payan and Thomas Caniaux of SG Corporate & Investment Banking acted as financial advisors to Compagnie Financière Martin Maurel Société Anonyme. Olivier Labesse of DGM Conseil acted as PR advisor in the transaction. Agnès Piniot and Jacques Potdevin acted as auditors in the merger. Rothschild acted as financial advisor to Rothschild. Rothschild & Co SCA (ENXTPA:ROTH) completed the acquisition of Compagnie Financière Martin Maurel Société Anonyme (ENXTPA : MLFMM) from Maurel family, Banca Sella Holding S.p.A., Finanziaria 2010 SPA and other minority shareholders on January 2, 2017. The operational integration of the two private banks Rothschild Patrimoine and Banque Martin Maurel should be finalised in the second half of 2017 so as to create a combined group operating under the name Rothschild Martin Maurel.