Wells Fargo: to sell shareowner services business.

(CercleFinance.com) - Wells Fargo said on Wednesday that it has entered into an agreement to sell its US shareowner services business to Britain's Equiniti for 227 million dollars.


Wells Fargo Shareowner Services (WFSS) provides services such as stock transfer agent, corporate action, and investment plan services to over 1200 public and private companies across the US.

The transaction is expected to be closed by the end of 2017

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