Combined organization will create the top-tier company for issuer and shareholder services
“Combining D.F. King with ASTOne™ reshapes the issuer and shareholder services business. It unifies respective strengths and creates a powerhouse of leadership and specialized advisory, operational and communications expertise under one roof,” says President and Chief Executive Officer of AST Mark C. Healy. “With continued focus on the rapidly growing needs of this sector, this transaction further advances our strategy to provide the most comprehensive offering to our clients with industry-leading innovation, client service and scale.”
In addition to proxy solicitation and corporate governance advisory services, AST provides clients with a full range of issuer and shareholder services, including registrar and stock transfer, proxy solicitation, equity plan administration, corporate actions, asset recovery, ownership intelligence and investment management.
“Expanding our business capabilities with the acquisition of
“Demand for issuer services is driven by factors such as shareholder activism, the pace of new regulation and the increasing complexity of the global financial markets. We’re pleased to join AST in assisting issuers to meet these and other challenges with innovative, multi-faceted solutions and in creating the premier proxy solicitation and shareholder services provider in the industry,” says D.F. King’s Chief Executive Officer
As both companies are privately held, terms of the acquisition are not being disclosed. The transaction is expected to close within 30 days after the signing.
AST and its affiliates in the Link Group network are leading providers of registry services and technology to financial market participants around the globe. AST and its affiliate,
ASTOne integrates the expertise of AST Fund Solutions,
About D. F. King & Co., Inc.
Founded in 1942,
D.F. King & Co., Inc.
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