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Banking & Savings M&A image Banking & Savings M&A » By The Online Investor Staff, updated Tue., Apr. 16, 2:07 AM Recent mergers and acquisitions in the Banking & Savings M&A category.

Slide #78. Sagicor Group Jamaica Limited RBC Jamaican banking operations

Acquirer: Sagicor Group Jamaica Limited
Acquiree: RBC Jamaican banking operations (NYSE:RY)
Details: Royal Bank of Canada (RY on TSX and NYSE) today announced that it has entered into a definitive agreement to sell RBC Royal Bank (Jamaica) Limited and RBTT Securities Jamaica Limited (collectively "RBC Jamaica") to Sagicor Group Jamaica Limited. The transaction is subject to customary closing conditions, including regulatory approvals and is expected to be finalized in the coming months.



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Company Name:  Royal Bank of Canada (Montreal, Quebec)
Stock buyback:  RY buyback
Website:  www.rbc.com
Sector:  Banking & Savings
Number of ETFs Holding RY:  7
Total Market Value Held by ETFs:  $194.56M
Total Market Capitalization:  $145.81B
% of Market Cap. Held by ETFs:  0.13%
 

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April 16, 2024    2:07 AM Eastern
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Buy (3.08 out of 4)
34th percentile
(ranked lower than approx. 66% of all stocks covered)

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