PNC to acquire enterprise wealth management services provider
Nov 1 (Reuters) - PNC Financial Services Group Inc (PNC.N: Cotización), a fast-growing Northeast U.S. regional bank, said it agreed to acquire Albridge Solutions Inc, a provider of enterprise wealth management services.
Financial terms of the agreement were not disclosed.
The acquisition is expected to minimally hurt 2008 results and will add to the earnings in 2009, the company said in a statement. (Reporting by Purwa Khandelwal in Bangalore)
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