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The Bank of New York Mellon Corp. BK has entered into an agreement with Computershare to divest BNY Trust Company of Canada. The deal, expected to be completed in the second quarter of 2024, is still subject to customary and regulatory approvals. Notably, the financial terms of the transaction were not revealed.
The divestiture is in alignment with BNY Mellonâs strategic focus to gain a foothold in foreign markets outside Canada, while for Computershare, the deal fits within its core str...
>>> Read more: BNY Mellon (BK) Plans to Divest Canada Unit to Computershare
The divestiture is in alignment with BNY Mellonâs strategic focus to gain a foothold in foreign markets outside Canada, while for Computershare, the deal fits within its core str...
>>> Read more: BNY Mellon (BK) Plans to Divest Canada Unit to Computershare
