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TE sells another business unit

Thursday 4th of July 2024

Trustees Executors offers financial services to the corporate sector through corporate supervision trustee services and fund administration services.

The coming together of these two businesses strengthens Apex Group’s ability to provide a full suite of administration services to New Zealand’s investment industry.

Under the deal Trustees Executors’ Custody and Investment Accounting business and people transfer to Apex Group, while ensuring
this is seamless from the perspective of investment managers and their end clients.

The acquisition does not include Trustees Executors Corporate Supervision or Registry divisions.

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