September 29, 2020 BY Valentina Kirilova

TMX Group acquires AST Trust Company

TMX will acquire the company for $165 million in total consideration, which includes $30 million of cash for regulatory and non-regulatory purposes, subject to customary closing conditions and working capital adjustments. AST Investor Services Inc. (Canada) and AST Trust Company (Canada)'s portfolio of products and services include transfer agency services, equity plan solutions, corporate trust,…

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