Bullboard - Stock Discussion Forum Dye & Durham Ltd T.DND

Alternate Symbol(s): DYNDF

Dye & Durham Limited is a Canada-based provider of practice management solutions. The Company offers cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The Company provides critical workflow software and information services, which clients use to manage their process, information and regulatory... see more

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TSX:DND - Post Discussion

Dye & Durham Ltd > Acquires TELUS' Financial Solutions Business for $500 m

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Post by Betteryear2 on Dec 06, 2021 8:36am

Acquires TELUS' Financial Solutions Business for $500 m

With its web-based software, TELUS' Financial Solutions Business connects all major Canadian financial institutions with the legal profession providing a seamless way to receive mortgage instructions and to discharge mortgages.
TELUS' Financial Solutions Business also provides the de facto national payment infrastructure in Canada, servicing consumers and businesses, in all market segments, moving an aggregated value of over $1.3 trillion annually.
The acquisition will benefit Dye & Durham's customers through expanded product capabilities, particularly in the real estate value chain.
Significantly advances Dye & Durham's "Build to a Billion" objective.

TORONTO, Dec. 6, 2021 /CNW/ - Dye & Durham Limited ("Dye & Durham" or the "Company") (TSX: DND), a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, announced today that it has acquired TELUS' Financial Solutions Business and certain assets from TELUS Corporation ("TELUS") for $500 million.

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