Computershare Limited Surges on $560 Million Acquisition

Transfer agency and share registration company Computershare Limited (ASX: CPU) announced the acquisition of Equatex, a leading European employee share plan administration business, for €355 million (circa AU$560 million).

Equatex has over 160 corporate clients, distributed across diverse geographies and industry sectors. The company has about US$400 billion of assets under administration, servicing over 1 million share plan participants – a 10% share of the European market.

The deal fits within Computershare’s multi-year strategy of growing its employee share plan segment through accretive acquisitions and provides a base for tapping into new EMEA markets.

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