Radar > 234437

Inversis Banco could negotiate the acquisition of Royal Bank of Canada

Inversis Banco podría negociar la compra del Royal Bank of Canada

Inversis Banco estaria negociando a compra do Royal Bank of Canada

Intel ID : 234437
Synopsis

Inversis Banco could be negotiating the acquisition of Royal Bank of Canada (TSE: RY), as published by newspaper Expansión on 4 March 2016, citing sources close to the market.

This transaction would mean a staff adjustment within Royal Bank of Canada, which is precisely one of the obstacle to close the deal, and it could be delayed for some time.

Inversis, held by Banca March, controls 50.1% of the capital, and Orey Antunes controls the remaining 49.9%.
(content in spanish)

Inversis Banco podría estar negociando la compra del banco depositario Royal Bank of Canada (TSE: RY), según ha publicado el diario Expansión el 4 de marzo de 2016, basándose en fuentes del mercado.

La operación implicaría un ajuste de plantilla en Royal Bank of Canada . Precisamente uno de los obstáculos para cerrar la operación es cómo concretar este recorte, que podría aplazarse durante un tiempo.

Inversis es propiedad de Banca March, que controla el 50,1% del capital, y de Orey Antunes, que posee el 49,9% restante.
(content in portuguese)

O Inversis Banco, banco espanhol, estaria negociando a compra do Royal Bank of Canada (TSE: RY), segundo publicou o Expansión em 4 de março de 2016, citando a fontes do mercado.

A operação resultaria num ajuste do quadro de trabalhadores do Royal Bank of Canada e os recortes seriam um dos problemas relacionados ao fechamento da operação, que poderá atrasar a sua finalização.

O Inversis é detido pelo Banca March (50,1%), banco espanhol, e pelo Orey Antunes(49,9%).

Intel ID 234437
Value ND
Native Currency Euro (EUR)
Financial Data - Royal Bank of Canada
(31 Oct 2014)

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Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.02 Central Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Services and Distribution / Transport, Aviation and Logistics
Primary Sector (TTRSC)
25.01.05 Corporate, Sovereign & Trade Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.