JTC PLC Expands US Presence with FRTC-DE Acquisition

JTC PLC (GB:JTC) has released an update.

JTC PLC, a leading independent provider of trust services in the US, has announced the successful completion of its acquisition of First Republic Trust Company of Delaware LLC (FRTC-DE), following the receipt of all necessary regulatory approvals. The acquisition is expected to significantly enhance JTC’s market presence and scale in the US trust services sector. The deal was settled entirely in cash, further solidifying JTC’s commitment to growing its service offerings.

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