Amsterdam - The Belgian-Dutch insurer and banking giant Fortis has bought all shares of British Artemis Asset Management Ltd, Fortis said Wednesday.
The 397.2-million-euro (559.27-million-dollar) transaction was the last step in the integration of Artemis.
Artemis was already 67.1-per-cent owned by ABN Amro Asset Management, which was fully taken over by Fortis in April.
The last shares were purchased from the management, which, according to Fortis, would remain involved with Artemis.
Fortis said the purchase was part of an earlier agreement.