.
MergerLinks Header Logo

Announced

Completed

CSC completed the acquisition of Intertrust for c.$2bn.

Financials

Edit Data
Transaction Value£1,510m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium53%
One Off Charge-

Tags

Edit

Financial Data and Systems

capital markets solutions

fund services

Netherlands

Acquisition

Friendly

Public

Single Bidder

Majority

Cross Border

Completed

Synopsis

Edit

CSC, a provider of business, legal, tax, and digital brand services, completed the acquisition of Intertrust, a publicly traded international trust and corporate management company, for c.$2bn. “We believe this offer is in the interests of shareholders and provides a near term opportunity to crystallise value. In CSC we have found a long-term partner that is highly complementary to us, given its strong position in the United States and complementary service offerings. As a result, we will be able to offer a wider breath of services to our clients in even more geographical locations. The combination will enable us to strengthen our position as a leading tech-enabled Corporate and Fund Services provider and accelerate our transformation by expediting digitalisation initiatives," Shankar Iyer, Intertrust CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US