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BNY Mellon Agrees To Acquire BHF Asset Servicing GMBH Will Become Second Largest Asset Servicing Provider In Germany Combined German Organisation Will Have...

By TechAgreements

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FRANKFURT and NEW YORK, March 8, 2010 – BNY Mellon, the global leader in asset management and securities servicing, has agreed to acquire BHF Asset Servicing GmbH from BHF-BANK Aktiengesellschaft and Sal. Oppenheim jr. & Cie. S.C.A. for EUR253 million (US$343 million), subject to regulatory approvals. This transaction will include the purchase of BHF Asset Servicing's wholly-owned fund...

Full post as published by TechAgreements on March 10, 2010 (boomark / email).

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