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Home>Xchanging Takes Full Ownership of Fondsdepot as AllianzGI Exercises Put

Xchanging Takes Full Ownership of Fondsdepot as AllianzGI Exercises Put

3party Content

Wed, 30 Jul 2014

LONDON--Business process outsourcing firm Xchanging PLC (XCH.LN) Wednesday said Allianz Global Investors Europe GmbH--or AllianzGI--exercised a put option giving Xchanging 100% ownership of German account administration business Fondsdepot Bank GmbH. Xchanging said it's paying AllianzGI 13.6
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