Royal Bank of Canada last month launched a £963 million agreed offer to acquire BlueBay asset management, a leading European independent credit asset manager with $40 billion of assets under management. The Canadian bank clearly intends to secure the prize with a knockout bid. Not only is RBC offering cash to BlueBay shareholders, its bid comes at a 29% premium to the close the night before the agreed deal was announced and at a 57.7%
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
