Computershare completes acquisition of Equatex

Company News

by Anna Napoli

Computershare (ASX:CPU) has completed its acquisition of Equatex (Group Holding), after receiving the regulatory tick of approval.

The € 354.5 million deal will enhance Computershare's Employee share plans client base, product suite, capabilities and position in key European markets.

Equatex is a leading European employee share plan administration business servicing over 1.1 million share plan participants.

Computershare says the deal accelerates its Employee Share Plans growth strategy and will deliver additional benefits for all clients.

Shares in Computershare (ASX:CPU) are trading 0.2 per cent higher to $20.47.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.