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STATE STREET CORP M&A Activity 2016

Mar 30, 2016

30131_rns_2016-03-30_c5cb138f-3787-4b99-aa62-e91a1cd9b092.zip

M&A Activity

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8-K 1 form8-k.htm 8-K html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd" Document created using Wdesk 1 Copyright 2016 Workiva 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 30, 2016


State Street Corporation

(Exact name of registrant as specified in its charter)


Massachusetts 001-07511 04-2456637
(State of Incorporation) (Commission File Number) (IRS Employer Identification Number)
One Lincoln Street Boston, Massachusetts 02111
(Address of principal executive office) (Zip Code)

Registrant’s telephone number, including area code: (617) 786-3000


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Item 8.01. Other Events.

On March 30, 2016, State Street Corporation announced that it has entered into an agreement to acquire GE Asset Management, a leading asset manager, from General Electric Company in a cash transaction with a purchase price of $435 million, subject to adjustments, with up to an additional $50 million tied to incremental opportunities with GE. Completion of the transaction is subject to regulatory approvals and other customary closing conditions.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

STATE STREET CORPORATION
By: /s/ Sean P. Newth
Name: Sean P. Newth
Title: Senior Vice President, Chief Accounting Officer and Controller
Date: March 30, 2016