The move, which includes businesses in Germany and Italy, will make Deutsche the world's fourth largest asset manager. Scudder's UK interest, Threadneedle Investments, is excluded from the deal.
Deutsche Finalises Deal
Deutsche Bank completed the $2.5bn purchase of Zurich Financial Services' US asset management unit Scudder on Monday and announced that the integration into its existing fund management business would take no more than 100 days.
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