Mega-Merger Of Invesco And AIM Closes, Creating Opportunity For Suppliers
TECHNOLOGY STRATEGIES
Invesco PLC completed the acquisition of AIM Management Group last week for about $2.2 billion in cash and stock, creating one of the largest fund management organizations in the world.
The combined entity has over $150 billion in assets under management and operations stretching across the US, Europe and Asia.
The merger is expected to provide opportunities for suppliers of pre- and post-trade information technology because wringing out overlapping costs is not what brought these two firms
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