Computershare invites Telstra investment

Computershare invites Telstra investment

Computershare and Telstra Corporation have signed an Investment Agreement for Telstra to acquire an equity interest in Computershare.

Telstra will acquire five per cent of Computershare's existing capital at $14.20 per share, and can increase this holding to 15 per cent by the end of the year.

A working group also has been established to examine such issues as Telstra being the preferred products and services supplier, and preferred financial markets channel partner.