Frankfurt am Main/Luxembourg, 9 November 2022. Universal Investment Group is pleased to announce that it has successfully completed the acquisition of Luxembourg-based financial services provider European Fund Administration S.A. (EFA). The agreement for the acquisition was signed in April and has recently been approved by the Commission de Surveillance du Secteur Financier (CSSF), the Luxembourg financial regulator.
- Following regulatory approval by the CSSF, Universal Investment successfully closes the acquisition of EFA
- EFA joining Universal Investment substantially accelerates the Group’s international expansion
- Combined assets under administration exceed EUR 900 billion
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