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Wells Fargo completes sale of shareowner services biz to UK's Equiniti

Wells Fargo & Co. has completed the sale of Wells Fargo Shareowner Services to U.K.-based Equiniti Group PLC.

More than 400 professionals who were part of Shareowner Services are transitioning to Equiniti.

The deal, valued at $227 million, was announced July 12, 2017.