CPU News: UPDATE 2-Australia's Computershare to sell US mortgage portfolio for $720 mln - 3rd Oct 2023, 8:53am

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Deal with NYSE listed asset manager Rithm

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Move for company to focus on core operations - analyst

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Computershare shares hit near 10-mth high

(Rewrites throughout with updates on details and background, adds share moves in paragraph 6 and analyst comment in paragraph 9 and 10)

By Rishav Chatterjee

Oct 3 (Reuters) - Australia's Computershare said on Tuesday it was selling its U.S. mortgage services arm to asset manager Rithm Capital for $720 million, as the share registry company aims ...

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