Announced
Completed
Financials
Tags
Financial Data and Systems
capital markets solutions
fund services
Netherlands
Acquisition
Friendly
Public
Single Bidder
Majority
Cross Border
Completed
Synopsis
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.
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