Rothschilds Map Bank’s New Path With $4 Billion Go-Private Deal
- Move would end decades as listed company for family’s bank
- French branch of the family cemented control in past decades
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After decades in public markets, the Rothschild dynasty — one of the most storied names in banking — has decided its flagship bank is best in private hands.
Rothschild & Co., whose predecessors helped finance the Duke of Wellington’s victory over Napoleon in 1815 at the battle of Waterloo, announced Monday that its main shareholder plans a tender offer valuing the firm at about €3.7 billion ($4 billion).