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Trust Corporation International is to be acquired by Jersey-headquartered corporate and fiduciary services company Ocorian, subject to regulatory approval.
Ocorian says the move will help it offer a more comprehensive service to clients and corporates in Guernsey.
“It is tremendously good news that Trust Corporation International’s dedicated teams will be joining Ocorian,” Ocorian CEO, Frederik van Tuyll, commented.
“We are a very considered acquirer and this acquisition is a strategic investment in Guernsey alongside our core and complementary service lines."
The firm said it will continue to be business as usual for the 50-plus team at Trust Corporation International.
Pictured top - left to right: Ocorian CEO Frederik Van Tuyll and Trust Corporation International CEO Michael Betley.
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