Elian has agreed terms to buy SFM Europe, a leading provider of corporate services with more than EUR1 trillion of assets under administration. The purchase of SFM Europe will increase Elian's head count by 115, to 640 employees, significantly expanding the company's European footprint and enhancing its corporate services and structured finance offering. On completion of the deal, which is subject to regulatory approvals, SFM Europe will operate as a separate division of Elian. (PRNewsFoto/Elian)
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