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Bank of New York Mellon to Buy Managed Account Services Provider Archer
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Bank of New York Mellon to Buy Managed Account Services Provider Archer
Sep 6, 2024 12:59 PM

09:01 AM EDT, 09/05/2024 (MT Newswires) -- Bank of New York Mellon ( BK ) said Thursday it has agreed to buy managed account services provider Archer Holdco.

Financial terms were not disclosed.

The company said the deal is expected to close in Q4.

Shares of Bank of New York Mellon ( BK ) were up 1.6% in recent Thursday premarket activity.

Price: 68.83, Change: +1.09, Percent Change: +1.61

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