Northern Trust to Acquire Aviate Global; Terms Not Disclosed

)-- Northern Trust

announced today that it has reached an agreement to acquire Aviate Global LLP, an institutional-focused equity brokerage firm offering market research, trading and execution services with licenses in multiple global jurisdictions. "This transaction aligns with our commitment to provide clients with a comprehensive set of solutions to meet their investment servicing needs," said Michael O'Grady, president of Corporate & Institutional Services. "We look forward to expanding our brokerage capabilities in EMEA and APAC to better serve our institutional and Global Family Office clients globally. Our clients also will benefit from the deep expertise and sophisticated trading solutions from the Aviate Global team. Additionally, the transaction demonstrates Northern Trust's continued