Announced
Financials
Sources
Tags
Asset Managers and Custodians
Pending
Single Bidder
Friendly
Acquisition
Public
investment fund
Germany
Synopsis
The Bank of N.T. Butterfield & Son Limited announced that it has entered into an agreement to acquire Deutsche Bank’s Global Trust Solutions business, excluding its US operations. Terms of the agreement were not disclosed. The transaction is expected to close in the first half of 2018, subject to customary closing conditions.
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