Announced
Completed
Financials
Tags
Private
Acquisition
Singapore
banks
Banks
Majority
Friendly
Single Bidder
Completed
Synopsis
ZEDRA, which provides management consulting and administration services, completed the acquisition of BNP Paribas Singapore Trust, which provides securities services. Financial terms were not disclosed. “This latest deal will bring additional scale and expertise to our already fast-growing Singapore office. The Asian markets are very important for ZEDRA and globally continue to represent one of the most productive sources of new high-quality clients. I am delighted to welcome the staff and clients of BNP Paribas Singapore Trust Corporation Limited to the ZEDRA group,” Ivo Hemelraad, Zedra CEO.
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