New York, July 27, 2012 (ABN Newswire) - Millhouse, Inc. PLC, (FRA:M77) the German listed financial services group, has announced that it has appointed Peter Koch Gmbh as a market maker for its shares in the Xetra2 Specialist Model on the Frankfurt Stock Exchange.
Peter Koch Gmbh Securities Trading Bank will assist Millhouse, Inc. PLC in the placement of its securities and work closely with its corporate advisers and investor relations teams in New York and Europe. They will also assist in the advising on the forthcoming Prospectus as Millhouse, Inc. PLC migrates to the Entry Standard in Frankfurt.
Millhouse, Inc. PLC intends to complete EBITDA accretive acquisitions in private banking, wealth management, investment, asset and funds management and private equity and debt markets. The positive cash flow from the acquisitions would be used for additional acquisitions as the company embarks on a rapid expansion phase in 2012-13 and for debt retirement as appropriate. The company will also be sponsoring new IPO's on Deutsche Börse as part of its private equity strategy.
Millhouse, Inc. PLC is building a listed international diversified funds management business. Its business is to acquire existing businesses in funds management, investment management, wealth management, and asset management across asset sectors.
The company has a standard acquisition model based on warranted forward EBITDA with the consideration payable over three years as a mix of equity and cash. Each acquisition is EBITDA positive and cash generating. http://www.millhouse.co
Wedgewood Communications LLC 60 Madison Avenue, New York, NY EMAIL: M77@wwprnews.com