NatWest Group to acquire Evelyn Partners

NatWest Group has agreed to acquire Evelyn Partners in a strategic acquisition valued at £2.7 billion in enterprise value. The transaction, announced on 1 July 2026, was structured as a cash deal and involves two entities operating within the United Kingdom's financial services sector. Both the buyer and the target are based in Great Britain, facilitating a domestic consolidation of assets within the industry. The deal was completed on 30 June 2026, preceding the public announcement date by one day.

The transaction represents a significant movement of capital within the UK financial services landscape, with the full consideration paid in cash. As the deal has already been completed, the parties have finalised all necessary administrative and legal requirements to transfer ownership. The transaction is subject to regulatory approval, which has now been secured given the completed status of the acquisition. This agreement marks the conclusion of the negotiation phase and establishes the new ownership structure for the target business.