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Broadridge to acquire fund data provider


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Broadridge to acquire fund data provider

Broadridge Financial Solutions Inc. has agreed to purchase FundsLibrary, a digital platform that provides fund data, documents and regulatory reporting for the asset management industry.

The deal is expected to close in February, and its terms were not disclosed.

Grant Thornton UK LLP acted as lead financial adviser to Hargreaves Lansdown plc, the seller in the deal.