Broadridge Financial Closes Acquisition of Kyndryl Holdings Platform

MT Newswires Live

2024/11/02

Broadridge Financial Solutions (BR) completed its acquisition of Kyndryl Holdings' (KD) Securities Industry Services platform, which processes transactions for the securities brokerage industry in Canada, the companies said Friday.

The acquisition price was $200 million, Broadridge said in an Aug. 6 regulatory filing.

Broadridge shares rose 0.3% in recent Friday trading, and Kyndryl climbed 0.8%.

Price: 211.39, Change: +0.53, Percent Change: +0.25

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