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Top News In ஃபார்கோ மூர்ஹெட் சிம்பொனி ஆர்கெஸ்ட்ரா Today - Breaking & Trending Today

Exclusive: Wells Fargo close to deal with buyout firms for asset management business - sources


2 Min Read
(Reuters) - Wells Fargo & Co is in exclusive talks to sell its asset management business, which manages more than $607 billion on behalf of customers, to a private equity consortium led by GTCR LLC and Reverence Capital Partners LP, according to people familiar with the matter.
FILE PHOTO: Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon
The divestment would represent the U.S. bank’s biggest shake-up since former Bank of New York Mellon Chief Executive Charles Scharf joined as CEO in 2019.
The exact price being negotiated could not be learned, but Reuters previously reported that Wells Fargo was seeking more than $3 billion for the unit. ....

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TD Bank to buy Wells Fargo's Canadian Direct Equipment Finance business


By Reuters Staff
1 Min Read
FILE PHOTO: TD bank ATM machines are seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon
(Reuters) - Toronto-Dominion Bank said on Thursday it had agreed to buy U.S. lender Wells Fargo & Co’s Canadian Direct Equipment Finance business.
The Canadian Direct Equipment Finance business has about C$1.5 billion in assets and provides loans and leases for commercial equipment bought by businesses across Canada.
The deal is expected to close in the first half of 2021.
TD Securities served as financial adviser to TD Bank for the deal, while Wells Fargo Securities served as exclusive financial adviser to Wells Fargo. ....

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Aldevron Now Offering AAV Rep/Cap Plasmids for Viral Vector Production


Press release content from Business Wire. The AP news staff was not involved in its creation.
Aldevron Now Offering AAV Rep/Cap Plasmids for Viral Vector Production
January 12, 2021 GMT
Aldevron s pALD rAAV System (Graphic: Business Wire)
FARGO, N.D. (BUSINESS WIRE) Jan 12, 2021
Aldevron announced today the immediate availability of rep/cap plasmids pALD-AAV2, AAV5 and AAV6 to support AAV viral vector manufacturing. All three rep/cap plasmids are immediately available at Research Grade. Additionally, pALD-AAV6 is immediately available at the GMP-Source® quality level, while pALD-AAV2 and pALD-AAV5 will be made available based on market demand. The plasmids are royalty free for all applications in support of pre-clinical activities through clinical development and commercial production. ....

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