Wells Fargo said it would focus on areas of its business that
are essential for growth.
The Wells Fargo Share Registration & Services (WFSS) business
will add to its earnings in the first full year of ownership,
Equiniti, a share registration and investor services company,
said on Wednesday.
WFSS provides shareowner services including stock transfer
agent, corporate action, and investment plan services to more
than 1,200 companies across the United States.
Greenhill & Co International LLP was Equinity's lead financial
adviser, with Citigroup Global Markets Ltd as joint adviser.
Wells Fargo Securities was financial adviser to Wells Fargo,
with Wachtell, Lipton, Rosen, & Katz serving as legal counsel.
(Reporting by Noor Zainab Hussain in Bengaluru; Editing by
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