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BRIEF-BNY To Acquire Archer, A Leading Provider Of Managed Account Solutions To The Asset And Wealth Management Industry
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BRIEF-BNY To Acquire Archer, A Leading Provider Of Managed Account Solutions To The Asset And Wealth Management Industry
Sep 6, 2024 1:00 PM

Sept 5 (Reuters) - Bank of New York Mellon Corp ( BK ):

* BNY TO ACQUIRE ARCHER, A LEADING PROVIDER OF MANAGED

ACCOUNT

SOLUTIONS TO THE ASSET AND WEALTH MANAGEMENT INDUSTRY

* BANK OF NEW YORK MELLON CORP ( BK ): FINANCIAL TERMS WERE NOT

DISCLOSED

* BANK OF NEW YORK MELLON ( BK ): FINANCIAL IMPACT OF DEAL NOT

EXPECTED

TO BE MATERIAL TO CO'S EARNINGS, PREVIOUSLY COMMUNICATED OUTLOOK

FOR CAPITAL RETURNS

Source text for Eikon:

Further company coverage:

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