Massachusetts Financial Services, a Boston mutual fund company with a strong presence in the bank market, has entered a sales agreement with a European financial services conglomerate.

MFS recently announced that is allying with Hypo Foreign and Colonial Management Ltd. to manage and distribute retail investment products around the world. The firm has trust and banking subsidiaries in the United Kingdom and Germany.

The alliance, which involved no exchange of cash or securities, should help MFS expand its international equity offerings in the U.S., chairman A. Keith Brodkin said in a prepared statement.

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