Tuesday, September 27, 2022
12:22 PM EST – Royal Bank of Canada : Today announced that it had completed the acquisition of Brewin Dolphin Holdings PLC , a multi-award-winning wealth management firm. Brewin Dolphin will now operate as ‘RBC Brewin Dolphin’, as part of RBC. Brewin Dolphin has been acquired for final consideration of approximately C$2.4bn (£1.6bn)¹ on a fully diluted basis, which equates to 515 pence per share. The Deal creates a premier wealth manager in the UK, Channel Islands and Ireland. Royal Bank of Canada (T.RY) shares were -$0.33 at 123.56.
Stocks in Play: Royal Bank of Canada , Tue, 27 Sep 2022 12:42:07 EST