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Global Shares has nearly $200 billion in assets under administration.
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JPMorgan Chase is making its latest fintech investment, agreeing to buy Global Shares of Ireland.
The bank (ticker: JPM) is acquiring all of Global Shares. The deal, which is expected to close in the second half of this year, is valued at $750 million, a person familiar with the situation said. Global Shares will become part of JPMorgan’s asset- and wealth management business.
Founded in 2005, Global Shares provides technology that helps companies manage their employee stock plans. The Clonakilty, Ireland, company has more than 600 corporate clients, ranging from…
